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TSB brings back two-year fixes at 90 per cent LTV

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  • 05/02/2021
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TSB brings back two-year fixes at 90 per cent LTV
TSB has re-introduced two-year fixed rates up to 90 per cent loan to value (LTV) and withdrawn the five-year fee-free fixed rate option.

 

The two-year fixed rates start at 1.24 per cent at 60 per cent LTV and rise to 3.49 per cent for deals in the 85 per cent to 90 per cent range. Borrowers taking a mortgage with an LTV of 85 to 90 per cent LTV are offered £500 cashback and a maximum term of 30 years.

The new two-year deals are available to first-time buyers and home movers.

The bank is also launching two-year fixed rates up to 85 per cent for remortgaging borrowers, with rates between 1.19 per cent and 2.74 per cent.

The cost of its five-year fixed rate between 60 to 75 per for remortgages cent has increased by 0.10 per cent with rates now ranging from 1.69 per cent to 1.79 per cent.

 

Buy-to-let changes

The bank has introduced two-year fixed rate deals up to 75 per cent LTV for purchases and remortgages. The rate at 75 per cent is 2.54 per cent.

Five and ten-year deals have also been added to the buy-to-let fixed rate options for remortgage and house purchase borrowers.

The £250 cashback offer has been withdrawn on buy-to-let house purchase deals.

 

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