TSB has expanded its mortgage range to brokers and cut interest rates on a number of products.
Brokers can now offer clients the lender’s five and 10-year fixed products under the new scheme, which were previously unavailable to intermediaries.
Under TSB’s 10-year products, customers are able to move after five years to a different product.
The interest rate on its 10-year fix has been slashed from 3.44% to 3.14% for people taking out a 60% loan-to-value (LTV) mortgage. It has also has re-priced all fixed products in its two-year range between 75 and 85% LTV, as well as all two-year trackers.
TSB launched its intermediary channel two weeks ago with the goal of being an industry leader for broker service.
