Property Reporter



New remortgage range goes live at TSB

Line Spacing+- AFont Size+- Print Forward to a friend
New remortgage range goes live at TSB

TSB has announced today that it has launched new remortgage products aimed at homeowners with small deposits.

The high LTV range comprises of two, three, five and 10-year fixes with rates starting from 2.59% and is aimed at remortgagors with a 85-90% LTV.

Homemovers looking for a two-year fix with a LTV of 85-90% can take advantage of a 0.10% reduction to 3.19% with a product fee of £995, or a 0.20% reduction from 3.79% to 3.59% with no product fee.

Two-year fixed rate mortgages for homemovers with a 90-95% LTV will see a 0.10% reduction, with or without a product fee. Similarly homemovers looking for either a three-year or five-year fixed rate mortgage will benefit from a 0.10% rate cut.


Roland McCormack, TSB Mortgage Distribution Director, had this to say: “Helping people borrow well is exactly what TSB was built to do; today’s new products, focussed on customers with smaller deposits, will help more homeowners do exactly that. By cutting rates, TSB is providing more options to more homeowners across Britain, helping them take their next steps on the property ladder.”

Got something to say? Leave a comment below:

You must be logged in to leave a comment

More articles from Finance

Nationwide 'exploring ways' for parents to pass wealth on to children

Q1 House purchases and remortgage lending up in the capital

Virgin announces launch of new HTB Scotland products

Gross mortgage lending at Nationwide soars by 20%

Fleet Mortgages announces further criteria changes

Leeds launches 2 new BTL products



Latest from Financial Reporter

April remortgaging soars to post-recession high

The journey into retirement - as complicated as a London Bus Map?

CML: 7-day switching success dependent on start point

shutterstock_7358431.jpg

London growth offsets seasonal dip in Q1


Latest from Commercial Reporter

ASTL: Upward trend for bridging continues

Fleet makes criteria changes for limited company transfers

Are SME overdrafts dying out?

Rise of 'flatpack' lenders prompts warning to SMEs


Latest Comments

HMO Midlands Landlady
HMO Midlands Landlady 24 May 2016

Tenants disappearing into the night is common from shared houses ( licensed and un-licensed HMO's) often when they owe considerable rent- they remove all their possessions, leave key in room and tell other...

view article
CommercialTrust
CommercialTrust 20 May 2016

With the bulk of the market controlled by large developers, profit rather than necessity determine the pace at which homes are built. There are hundreds of thousands of plots that have planning permission...

view article
Johna
Johna 20 May 2016

"Easier said than done" is what I would say. Of course, it would be more than great to have more in quality and affordability, but I do not trust talk anymore.. What is said is not what is happening.

view article
Johna
Johna 20 May 2016

in my humble opinion being fair like THE most important! I myself have had bad experience with unfair landlords... not to mention that I know how to do a proper end of tenancy cleaning since I am a fantastic...

view article
richardrawlings
richardrawlings 18 May 2016

NB - even if we doubled our commission levels in the UK, we'd still be by far the cheapest agents in the entire world.

view article
Agent_PeeBee
Agent_PeeBee 18 May 2016

Clueless. Someone needs to take these people's computers away from them so they can do no more harm than they already have.

view article
richardrawlings
richardrawlings 18 May 2016

Nonsense! The cost of selling a house nowadays has little bearing on the fees charged. Don't believe your own spin on this. Fees have spiralled down to pathetic levels in areas where weak agents have allowed...

view article
Simon Oliver
Simon Oliver 16 May 2016

The best solution is to buy a property that has built-in income generating potential: a nice house with a couple of gites in the grounds is a good start. In France, the rune of thumb is that one 2-bedroomed...

view article
WPD
WPD 12 May 2016

I suggest the answer is to have the notary system being one legal person who represents both parties. Having experienced it a couple of times in France it was a dream compared to our dysfunctional system....

view article
warren
warren 03 May 2016

It's enough to make me weep into my Pimm's :(

view article
james anderson
james anderson 03 May 2016

The sad demise of the croquet lawn...

view article
CommercialTrust
CommercialTrust 11 Apr 2016

".. the stricter lending criteria will reduce the amount of buy-to-let lending by 10% to 20% in three years’ time." The PRA was actually referring to cumulative approvals here. What they believe is that...

view article

Latest Tweets