TSB has adjusted rates on its mortgages including a 0.45 per cent increase on products at 60 and 75 per cent loan to value (LTV).
The headline rate changes have been made to the bank’s five-year fixed remortgage products with three year early repayment charges (ERCs). Options with free legals as well as those without and £300 cashback have been increased to 1.89 per cent at 60 per cent LTV and 2.09 per cent at 60-75 per cent LTV.
Rates on five-year fixed purchase products have increased by 0.30 per cent and now stand at 1.89 per cent at 60 per cent LTV and 1.99 per cent at 60-75 per cent LTV.
Across higher LTV tiers, the bank has made rate cuts.
These include two and five-year fixed rate mortgages at 85-90 per cent LTV which have been reduced by 0.20 per cent.
For fee-free options, the rate for a two-year fixed purchase product is now 2.19 per cent, while the £995 fee paying option is 1.89 per cent.
Five-year fixed equivalents are priced at 2.64 per cent and 2.44 per cent respectively.
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