You are here: Home - News -

TSB offers remortgage borrowers biggest rate cuts

by: Samantha Partington
  • 16/04/2015
  • 0
TSB offers remortgage borrowers biggest rate cuts
TSB has cut rates across its two and five-year mortgage deals for homebuyers and remortgage customers available up to 85% loan-to-value (LTV).

Borrowers looking to remortgage are receiving the biggest rate cuts. For applicants with an LTV between 80 to 85% a 0.3% cut to interest rates is available.

For those with an LTV up to 60% a rate cut of 0.25% has been applied to deals.

Homebuyers looking for a two-year fixed or tracker rate will benefit from a 0.1% reduction in rates.

Highlights from the refreshed range include; a two-year remortgage tracker between 80 and 85% LTV reduced from 2.49% to 2.19% which comes with a fee of £995 and a two-year house purchase fixed rate within the same LTV bracket which has been cut from 2.84% to 2.74% with no fee.

TSB current account holders, looking to remortgage, will be offered £150 cashback as part of the deal.

The rate cuts follow the announcement this week that TSB began piloting its buy-to-let range with London & Country with a plan to roll it out to the wider market in May.

There are 0 Comment(s)

You may also be interested in