TSB today reduces selected two-year fixed and two-year tracker
mortgage rates for home movers, first-time buyers and remortgage customers. The
reductions, which range between 0.05% and 0.25%, help both would-be homeowners and
existing borrowers to borrow well.
The new rates include a two-year fixed rate 1.89% at 60-75%
LTV for first-time buyers, a two-year fixed rate 1.34% at 60-75% LTV for home
movers, and a two-year tracker 1.14% at 0-60% LTV for remortgage customers.
Roland McCormack, TSB
Mortgage Distribution Director, said: “Just a week after we launched our
best ever five-year remortgage rate, we’re further helping borrowers by
reducing rates across our two-year fixed rate mortgages and two-year tracker
mortgages. This shows yet again how we are supporting homeowners to borrow
well, whether you’re looking to get on the housing ladder or already have your
The news comes after recent
announcements from TSB that it has introduced its best ever five-year
remortgage rate, launched a dedicated mortgage range offering £750 cash-back, and
scrapped Mortgage Application Fees across the entire product range.
Notes to editors
built to bring more competition to UK banking – to be a real
challenger to the big banks and to deliver the kind of
banking the people of Britain want. TSB only serves local customers and local
businesses, to help fuel local economies, because communities thriving across
Britain is a good thing for all of us.
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
Our 4.95 million customers,
award winning mobile and digital banking, nationwide network of branches and
8,200 Partners mean we are big enough to make a difference, but small enough to
be an agile challenger to the entire market.
information about TSB Bank plc, please visit our website www.tsb.co.uk.