The change took effect for new mortgage applications from 20 October and will save customers £265.
TSB has also confirmed that it is introducing new fee-free three-year fixed rate products
These products include rates of 1.84% up to 60% LTV, 1.99% at 60-75% LTV, 2.14% at 75-80% LTV, 2.29% at 80-85% LTV, 2.89% at 85-90% LTV and 3.89% at 90-95% LTV.
Roland McCormack, Mortgage Intermediary Director, said: “The removal of the mortgage application fee on all our products and the introduction of new product fee free fixed rate mortgages is good news for borrowers. The changes we’ve made will help homeowners borrow well across the property ladder.”
