TSB has brought back its 85 per cent loan to value (LTV) house purchase and remortgage products, a month after pulling all deals at this tier.
Effective from today, the fee-free purchase two-year fix has a rate of 2.14 per cent while the remortgage offering has a rate of 2.19 per cent.
The two-year fixed remortgage with a £995 fee and free legals has a rate of 1.84 per cent. The 85 per cent LTV offering is also available as a five- and 10-year fix for purchase and remortgage.
Borrowers who require an 85 per cent LTV mortgage will also be entitled to the recently launched five-year fix with an early exit.
Furthermore, TSB has withdrawn its buy to let house purchase and remortgage £995 fee products.
Beverley Bradford, TSB’s head of intermediary mortgages, said: “We’re committed to helping people enter the property market and delivering a high level of service to ensure customers are getting the best experience when buying or remortgaging – giving them money confidence.
“That’s why we’re pleased to reintroduce a number of products, including 85 per cent LTV, to support customers with a lower deposit.”
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
