TSB extends end dates and makes rate changes

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TSB Bank has made a number of changes to its mortgage product range.

Its Affordable Housing range has been refreshed with rate reductions of up to 0.25 percentage points. All products within this range now have £500 cashback.

End dates on all products have been extended to 29 February 2020.

Meanwhile, selective rate changes have been made, with reductions of up to 1.30 percentage points on house purchase and remortgage ranges.

Nick Smith, TSB’s head of mortgages, said: “With the continuing economic and political uncertainty, these changes will be welcomed by many borrowers, particularly those with smaller deposits who are looking to remortgage onto longer term fixed rate products.

“In addition, to help people get their foot on the housing ladder, we have made some quite chunky interest rate reductions to our shared ownership range.”

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