"Following a record summer of applications from customers looking to remortgage with TSB, it’s great to launch our best ever five-year remortgage rate today."
TSB reducing shared ownership rates, which are now available at 1.74% with a £995 product fee or 2.24% with no product fee, for a two-year fixed rate mortgage up to 75% LTV.
The Bank has also launched a new range of mortgages for first time buyers, with no product fees and £750 cashback.
The range includes new two, three, five and 10-year fixed rate products for first-time buyers, starting from 1.84%, as well as a two-year tracker from 1.74%.
Roland McCormack, TSB Mortgage Distribution Director, said: “Following a record summer of applications from customers looking to remortgage with TSB, it’s great to launch our best ever five-year remortgage rate today.
"Not only that, but TSB is helping first time buyers take their first step on the property ladder with the launch of our new, dedicated mortgage range offering £750 cashback and no product fees to new homeowners. TSB really is a lender that supports homeowners to borrow well, no matter if it’s for a customer’s first shared ownership home or if it’s downsizing into retirement.”
