TSB increases rates on low LTV remortgages

TSB has announced it is increasing rates by up to 0.15% across a limited range of lower loan to value remortgage products.

Related topics:  Mortgages
Rozi Jones
12th August 2015
tsb

The increase, which is in line with recent moves across the market, will affect a selected range of fixed and tracker rate remortgages.

Two-year fixed rates up to 60% LTV now start from 1.79% with a £995 fee, while two year trackers have increased to 1.94%.

Five-year fixed rates up to 60% LTV have increased by 10bps to 2.34% with a £995 fee or 2.59% with no fee.

There will also be a small increase of 0.05% on two year fixed rate mortgages for homebuyers with a deposit of up to 15%. Two-year fixed rates between 85 and 90% LTV now start from 3.14% with a £995 product fee.

For homebuyers wanting a three year fixed rate deal, TSB is reducing its rate to 3.64%, and removing the £1,000 cashback offer which is currently only available through TSB Intermediary.

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