Shared ownership and shared equity borrowers can also now take out a new two-year fixed rate mortgage with no fee, with rates starting from 1.99% for home movers with a 25% or more deposit.
New two-year fixed rates with a £995 fee have also been introduced for buy-to-let borrowers looking to either purchase or remortgage a property. Rates start from 1.79% for house purchasers with a 40% deposit.
TSB’s house purchase and remortgage range is also being updated, with a series of rate changes to selected two-year, three-year and five-year fixed rate mortgages.
Selected home mover rates will see rate rises of between 5 and 10bps, while remortgage rates will be reduced by between 5 and 10bps.
