10 November 2017

TSB updates two-year and five-year fixed rate mortgage range

TSB has reduced its two-year fixed rate, 90-95% LTV, for residential house purchase borrowers by 0.20%.

TSB has also increased fixed rates by up to 0.20% on the following mortgages:

  • Five-year fixed, 0-60% LTV, for residential remortgage borrowers – rates increased by 0.10%.
  • Five-year fixed, 60-75% LTV (with £995 fee), for residential remortgage borrowers – rate increased by 0.20%.
  • Five-year fixed, 60-75% LTV (with no fee), for residential remortgage borrowers – rate increased by 0.10%.
  • Two-year fixed, 0-75% LTV (with no fee), for buy to let remortgage borrowers – rates increased by 0.20%. 

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Notes to editors

Rates effective from 9 November 2017 

 

Home mover 2 Year Fixed
LTV Fee Old Rate % New Rate % Rate Difference %
90 - 95% £0 3.99 3.79 (0.20)

 

Remortgage 5 Year Fixed
LTV Fee Old Rate % New Rate % Rate Difference %
0 - 60% £995 1.84 1.94 +0.10
0 - 60% £0 2.09 2.19 +0.10
60 - 75% £995 1.89 2.09 +0.20
60 - 75% £0 2.29 2.39 +0.10

 

BTL remortgage 2 Year Fixed
LTV Fee Old Rate % New Rate % Rate Difference %
0 - 60% £0 2.29 2.49 +0.20
60 - 75% £0 2.49 2.69 +0.20

   

TSB was built to bring more competition to UK banking and ultimately make banking better for all UK consumers. 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 traditional banks.  

Our five million customers appear to notice: TSB is Britain’s most recommended high street bank and was recently identified as one of the top 10 big companies to work for.  

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

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