You are here: Home - News -

TSB withdraws selected products amid rate cut

by:
  • 05/07/2017
  • 0
TSB withdraws selected products amid rate cut
TSB has cut a number of products from its range, including several three-year fixed rates and ten-year fixes.

The lender said the move was temporary.

Meanwhile it has slashed the rate on its five-year fix by 0.10%.

It will now offer a five-year fixed rate at 60-75% loan-to-value at 1.79%. The product comes with a £995 fee.

Roland McCormack (pictured), mortgage distribution director for TSB, said the move will be a “welcome step” for those looking to fix their monthly payments for a longer period of time.

He added: “TSB is committed to helping people to borrow well and this rate reduction is an example of us doing exactly that.”

 

There are 0 Comment(s)

You may also be interested in

  • RT @DanielleDennis9: There are only two weeks left to get your nominations in for #BMA2019 - vote now for your industry stars to make it a…
  • RT @montysblog: Jokers! Exacerbating the Mortgage Prisoner problem! Treasury sells 66,000 UKAR mortgages to inactive lender Citi - Mortgage…
  • RT @CanadaLifeUKadv: We’re excited to be attending @Mortgagesols Buy-to-Let Forums later this month in Manchester and Birmingham. Register…

Read previous post:
Purplebricks receives another slap on the wrists for mis-leading adverts

Online estate agent Purplebricks has been ordered to change its website to remove or amend claims made about how much...

Close