TWB tweaks residential and buy-to-let rates

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TSB Bank has made a number of changes to its residential and buy-to-let mortgage rates.

Changes include:

  • Reductions of up to 0.05 percentage points on selected five-year fixed house purchase (75-85% LTV) rates
  • Reductions of 0.05 percentage points on five-year fixed remortgages (60-80% LTV). Customers will also receive the option of £300 cashback and no free legals or free legals
  • Increases of up to 0.20 percentage points on selected two-year and five-year fixed (90-95% LTV) on house purchase
  • Reductions of up 0.25 percentage points on selected buy to let fixed and tracker (0-75% LTV) remortgage rates.

Nick Smith, TSB’s head of mortgages, said: “We’ve made a number of changes to our mortgage range with the sole purpose of helping more people borrow well, our changes are aimed at helping landlords as well as homeowners with both small and large deposits.”

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