New remortgage range goes live at TSB

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

Related topics:  Finance
Warren Lewis
24th March 2016
TSB 2

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.”

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.