TSB has changes the residential mortgage rates on six of its short and medium term mortgages.

The rise will affect a selected range of fixed and tracker rate remortgages; changes also impact homemovers and first time buyers.

Homebuyers and homeowners
TSB’s two-year fixed rate mortgage will increase by 0.05 percentage points for homebuyers with a loan-to-value (LTV) of 0-60% and 0.15 percentage points for homebuyers with a LTV of 60-90%. There will be an increase – up to 0.11 percentage points – on two year homebuyer mortgages with a LTV of 90-95%.

Homebuyers who opt for a two-year tracker mortgage will see a slight increase of 0.05 percentage points with a LTV of 0-60% and 0.15 percent for a LTV of 60-85%.

Homebuyers looking for a five-year fixed mortgage with a LTV of 0-75% will also see an increase of 0.10 percentage points.

Remortgages
Remortgagees wanting a two-year fixed rate deal, will see an increase of 0.10 percentage points with a LTV of 0-60% and increases up by 0.20 percentage points for homeowners with a LTV range of 60-85%.

TSB’s two-year tracker for remortgagees will increase by 0.10 percentage points for homeowners with a LTV of 0-60% and increase by up by 0.20 percentage points for homeowners with a LTV of 60-85%.

Remortgagees who are looking for a five-year fixed mortgage with an LTV of 0-75% will also see an increase of 0.10 percentage points.