TSB has reduced rates on mortgages up to 90 per cent loan to value (LTV) for products available to first-time buyers, movers and those remortgaging.
The two-year fixed first-time buyer and homemover mortgages at 80-90 per cent LTV have been reduced by 0.15 per cent. The product at 80-85 per cent LTV now has a rate of 2.59 per cent and at 85-90 per cent LTV, the rate is 3.34 per cent.
Five-year fixes with three year early repayment charges (ERCs) for first-time buyers and purchases have seen reductions of up to 0.25 per cent.
Rates begin at 2.24 per cent for borrowing up to 60 per cent LTV and 4.04 per cent for loans of 85-90 per cent LTV.
Five-year fixed remortgages up to 75 per cent LTV with five year ERCs and £1,495 fees have had rates reduced by up to 0.15 per cent.
Kensington relaunches Help to Buy
Kensington Remortgages has brought back its Help to Buy mortgages with two and five-year fixes at 75 per cent LTV.
This includes two two-year fixed products, one for purchase and the other for remortgage, both with rates of 4.54 per cent. The five-year options have rates of 4.99 per cent.
The products have fees of £999 and have free valuations. They are available for loan sizes between £25,000 and £500,000.
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
