TSB increases selected FTB and remortgage rates

TSB has increased selected two and three-year fixed rates by between 5 and 10bps as part of a series of rate adjustments for first-time buyers, home movers and remortgage borrowers.

Related topics:  Mortgages
Rozi Jones
6th February 2017
tsb

First-time buyers will see a 0.05% increase on two and three-year fixed rates between 75-80% LTV as well as two-year trackers.

Homemovers will see rate rises of up to 0.10% on two-year fixes at 85-95% LTV as well as 0.05% increases on three-year fixes and two-year trackers up to 80% LTV.

However homemovers will see five-year fixed rates up to 60% LTV drop by 0.05%.

For remortgage, two-year fixed rates and trackers between 60-75% LTV will see increases of 10bps, but five-year fixed rates with low LTVs will see a drop of 10bps.

TSB says it will continue to offer £750 cash-back for first time buyers above 75% LTV, and has scrapped mortgage application fees for all customers.

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