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TSB adds shared ownership product and reprices fixed-rate deals

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  • 13/12/2017
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TSB adds shared ownership product and reprices fixed-rate deals
TSB has launched new products and cut rates on shared ownership and shared equity deals.

The lender has introduced fee-free, two-year fixed-rate deals in its shared ownership and shared equity home mover and remortgage ranges.

It has also cut rates on existing products in these ranges by up to 0.25%.

New two-year fixes have also been launched in the buy-to-let house purchase and remortgage ranges.

And TSB has re-priced home mover and remortgage fixed-rate products – increasing some by up to 0.15% and cutting others by up to 0.1%.

“Shared ownership and shared equity borrowers can also now take out a new two-year fixed rate mortgage with no fee, with rates starting from 1.99% for home movers with a 25% or more deposit,” the lender said.

“New two-year fixed rates with a £995 fee have been introduced for buy to let borrowers looking to either purchase a property or remortgage an existing one. Rates start from 1.79% for house purchasers with a 40% deposit,” it added.

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