Two year fixed rates start at 4.49%, five year fixes from 4.89%, and the ten year Fix and Flex from 5.34%.
TSB’s Fix and Flex mortgage is new to the intermediary market at 95% LTV. According to the bank, it is the only lender to offer a ten year fix rate mortgage for buyers with a 5% deposit.
TSB are also offering a three year stepped mortgage from 3.59% (year 1), rising to 4.69 in years 2 and 3.
TSB’s new stepped mortgage is also new to the range of mortgages available to brokers. These give homebuyers some financial flexibility during the first year in their new home, and the assurance of a fixed rate for three years.
Roland McCormack, TSB Intermediary Director, said:
“The mix of TSB’s mortgages allied to our reliable expert to expert service is proving to be a hit with brokers. The introduction of 95% mortgages through TSB Intermediary is the latest milestone in the launch of our intermediary offering.”
