TSB cuts rates in product transfer range

Published on

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

CII says vulnerability management can help firms grow

The Chartered Insurance Institute has said firms can use stronger vulnerability management to expand...

Royal London wins approval to offer Targeted Support

Royal London has received regulatory approval to provide Targeted Support, becoming one of the...

Together expands second charge range into commercial sector

Together has launched a new suite of commercial and semi-commercial second charge products as...

HTB launches ‘Flow’ range with rates from 5.54%

Hampshire Trust Bank has introduced ‘Flow’ - a new buy-to-let tier with rates starting...

Afin waives legal fees on remortgages in broker push

Afin Bank is offering free legal fees on remortgage applications submitted before the end...

Latest publication

Other news

A surge today, but what comes next for advisers and conveyancing?

March has provided a very clear example of how quickly this market can move...

Technology adapts so you don’t have to

20 years ago, many brokerages looked and operated in very similar ways. Typically small,...

CII says vulnerability management can help firms grow

The Chartered Insurance Institute has said firms can use stronger vulnerability management to expand...