TSB has announced reductions and increases to the product rates in its residential and buy-to-let ranges.
Notable cuts include the 60 per cent LTV five-year fix from 1.94 per cent to 1.84 per cent. This product is for remortgage only and comes with free legals or £300 cashback.
In addition, the 75 per cent LTV three-year fixed rate BTL product has been reduced from 2.44 per cent to 2.34 per cent. This offering is for remortgage only, has a £995 product fee, and comes with free legals or £300 cashback.
The 75 per cent LTV five-year fix BTL offer has been sliced from 2.44 per cent to 2.34 per cent. This product is for remortgage only, has a £1,995 fee, and comes with free legals or £300 cashback.
Meanwhile, the 95 per cent LTV two-year fix has been increased from 3.14 per cent to 3.19 per cent, and the 90 per cent three-year fix from 2.49 per cent to 2.54 per cent.
Both products are for house purchase only and do not include a fee.
TSB head of mortgages Nick Smith comments: “The reductions in our residential and BTL ranges, combined with free legals or £300 cashback on our remortgage range, means that TSB offers some of the most competitive deals on the market.”