Mortgage News
TSB cuts mortgage rates and Aldermore adds 90 per cent LTV deals
TSB is reducing rates on select residential mortgages from 4 December, as Aldermore launches 90 per cent loan to value (LTV) products.
TSB’s first-time buyer and house purchase two-year and five-year fixes up to 60 per cent LTV are to be trimmed by up to 0.40 per cent.
And two-year fixes between 80 and 85 per cent LTV are to be cut 0.30 per cent.
Remortgage five-year fixes at up to 60 per cent LTV will be reduced by 0.35 per cent.
It comes after the lender has enhanced its offering in the high LTV space.
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Aldermore offers 90 per cent LTV
Aldermore has launched new mortgages for borrowers with a deposit or equity of 10 per cent.
The lender will be offering deals for purchase and remortgage, featuring a two-year fixed rate at 5.18 per cent and five-year fix at 5.38 per cent.
Both deals come with a £999 fee.