TSB launches 95% LTV ten-year fix

TSB is launching a new range of fixed rate mortgages up to 95% loan to value, stating that it is the only lender to offer a ten year fix with a 5% deposit.

Related topics:  Mortgages
Rozi Jones
11th February 2015
tsb

The range will be available to both first-time buyers and home movers with a rate of 4.69% for two years, 4.99% for five years and 5.69% for the ten year Fix and Flex.  

Fix and Flex offers a fixed rate over ten years with the flexibility to leave after five without having to pay an early repayment charge.

TSB Intermediary has expanded its mortgage range available through intermediaries to include both its five year and Fix and Flex 10-year term mortgages.

TSB mortgages are now available either through a broker or direct. Mortgages available through TSB Intermediary will mirror those on offer in TSB branches, ensuring that the same deals are available to anyone looking to move or buy their first home, regardless of how they choose to take out their mortgage.

Ian Ramsden, Head of Mortgages at TSB, comments:

“TSB was born to bring competition to the market and we are committed to offering our mortgage customers competitive products to help them realise their home ownership plans.

“We are the only mortgage lender to currently offer mortgages up to 95% with a ten year fixed rate. Helping people to get a foot onto the property ladder is a fundamental part of creating thriving local economies, and people thriving all over Britain is what TSB's local banking for Britain is all about.”

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