31 May 2017

TSB Increase the Rates on Selected Mortgages

TSB has increased interest rates by between 0.05% and 0.10% on selected mortgages for remortgage and home mover borrowers.

The changes affect the following mortgages:

  • Five-year fixed rate mortgages for remortgage borrowers, 0-75% LTV, rates increased by 0.05%.
  • Three-year fixed rate mortgages for home movers, 85-90%, rates increased by 0.10%.

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Notes to editors

Rates effective from 26 May 2017

Remortgage 5 Year Fixed

LTV
Fee
Old Rate %
New Rate %
Rate Difference %
0-60%
£995
1.74
1.79
+0.05
0-60%
£0
1.94
1.99
+0.05
60-75%
£0
2.29
2.34
+0.05

 

Rates effective from 30 May 2017

Home mover 3 Year Fixed

LTV
Fee
Old Rate %
New Rate %
Rate Difference %
85-90%
£995
2.49
2.59
+0.10
85-90%
£0
2.84
2.94
+0.10

 

Remortgage 5 Year Fixed

LTV
Fee
Old Rate %
New Rate %
Rate Difference %
60-75%
£995
1.89
1.94
+0.05

 

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We have a simple, straightforward and transparent banking model and make clear on our website how we operate and make money. We offer the products and services people tell us they want, with none of the funny stuff people normally associate with traditional banks.

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For further information about TSB Bank plc, please visit our website www.tsb.co.uk.