TSB has increased interest rates by up to 0.10 per cent on selected mortgages for remortgage and home-mover borrowers.
The changes affect the following mortgages:
- Five-year fixed rate mortgages for remortgage borrowers on 0-75 per cent LTV: rates increased by 0.05 per cent
- Three-year fixed rate mortgages for home movers on 85-90 per cent LTV: rates increased by 0.10 per cent
In the latest Mortgage Strategy quarterly lender survey, out last week, TSB fell one place to 10th position in our table.
In January, the lender announced plans to pay retention proc fees this year.