TSB has made rate cuts to its two-year fixed first-time buyer and purchase products up to 95 per cent loan to value (LTV), effective from today.
The mortgages have seen reductions of up to 0.25 per cent.
The 80-85 per cent LTV product with a £995 fee has been reduced from 2.29 per cent to 2.14 per cent. The fee-free option now has a rate of 2.69 per cent, down from 2.84 per cent.
The £995 fee paying mortgage at 85-90 per cent LTV has a rate of 2.89 per cent, previously 2.99 per cent.
The fee-free alternative is priced at 3.09 per cent, down from 3.19 per cent.
At 90-95 per cent LTV, mortgages for first-time buyers and purchasers now range from 3.54 per cent with a £995 fee and 3.69 per cent with no fee.
Elsewhere, two-year fixes now vary from 0.99 per cent at 60 per cent LTV with a £995 fee to 2.34 per cent at 75-80 per cent LTV with no fee.
Changes are effective from today.
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
