TSB cuts rates in product transfer range

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TSB Bank has made changes to its Product Transfer range.

The changes are as follows:

  • Buy-to-let Product Transfer range refreshed with new loan bandings
  • Residential Product Transfer two-year fixed 0-60% LTV rates reduced by 0.05%
  • Residential Product Transfer five-year fixed 0-90% LTV rates reduced by 0.10%
  • Residential Product Transfer 10-year fixed (With 5 Year ERC) 60-75% LTV rate reduced by 0.05 percentage points
  • Residential Product Transfer 10-year fixed (With 10 Year ERC) 0-75% LTV rates reduced by up to 0.10 percentage points

Nick Smith, TSB’s head of mortgages, said: “Many borrowers are coming off existing fixed rate products and they are looking for attractively priced products to move on to.

“Today’s changes give our borrowers a wide choice of very competitively priced two, five, and ten-year fixed rate deals.”