In order to meet broker demand, longer term mortgage deals will be available through TSB Intermediary first, including five year terms and TSB’s 10 year Fix and Flex mortgage. Further mortgage deals will be rolled out over the course of the next few weeks.
Expanding the range available to people looking to remortgage is the latest development for TSB Intermediary which launched in January this year. This next phase will support TSB‘s organic growth strategy into the intermediary market while ensuring that the high level of service is maintained.
Roland McCormack TSB Intermediary Director, said:
“We are delighted to be able to help people looking to remortgage their home through our intermediary arm. We always planned to roll out new products over time and this latest announcement is testament to the success of TSB Intermediary so far, we look forward to making the full range available to brokers soon.
“We’ve started with five and 10 year mortgages due to broker demand as customers look to fix their interest rate for longer. We are currently seeing a lot of appetite for our Fix and Flex mortgage as people seek the assurance of a fixed rate over a longer term with the flexibility to be able to leave after five years without paying a penalty.”
