TSB reintroduces products; ups some rates

TSB has reintroduced several residential purchase and remortgage products, as well as increasing the rates in a selection of existing products.

The most notable relaunched products include a house purchase three-year fix at 95 per cent LTV, with a rate of 3.44 per cent and no product fee.

The relaunched remortgage two-year fix at 90 per cent LTV comes with a rate of 1.94 per cent and a product fee of £995.

The lender is also offering a three-year fix remortgage product at 90 per cent LTV at 2.39 per cent and no product fee.

Additionally, TSB has introduced a buy-to-let house purchase two-year fix at 75 per cent LTV, with a rate of 2.59 per cent. The bank has also introduced a BTL remortgage two-year fix at 75 per cent LTV, at the same 2.59 per cent rate as the BTL purchase product.

Both products come without a product fee.

The most notable products to have had rate changes include a shared equity house purchase two-year fix at 80 per cent LTV, which has seen its rate increase from 2.24 per cent to 2.44 per cent.

The bank has also made changes to its shared ownership house purchase two-year fix at 80 per cent LTV, with the rate increased by 0.2 per cent, from 2.24 per cent to 2.44 per cent.

Meanwhile, the two-year fix purchase product at 90 per cent LTV has also seen a rate increase, rising from 2.34 to 2.44.

All three products come with no product fee.

TSB head of mortgages Nick Smith says: “It’s great to be able to reintroduce a number of products across TSB’s house purchase and remortgage range.

“These products have proved popular in the past with customers and brokers alike, so it’s great news for those looking to fix their monthly payments for a period of time.”

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