TSB has introduced a range of mortgage products with maximum loan to values (LTV) at 80 per cent.
This follows the bank’s relaunch of fee free products up to 80 per cent LTV after it temporarily cut its lending back to 60 per cent LTV in response to the health crisis.
The new offerings include two-, five- and 10-year house purchases fixes at 60-75 per cent LTV with a £995 fee.
The two- and five-year products have initial rates ranging from 1.49 per cent to 1.84 per cent while the 10-year equivalent has rates from 2.09 per cent to 2.59 per cent.
TSB has also launched two- and five-year fixed remortgage products at 60-80 per cent LTV with a fee of £995. The rates for these products range from 1.39 per cent to 1.89 per cent and come with £300 cashback.
The 10-year remortgage equivalents have rates from 2.09 per cent to 2.59 per cent and also come with £300 cashback, but only go to 75 per cent LTV.
These new products are effective from 24 April.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
