News
TSB ups high LTV rates and simplifies BTL lending tiers
TSB has increased rates on five-year fixes at the 75 to 90 per cent loan to value (LTV) bands.
For first-time buyers and purchasers across standard and new-build offerings, rates have risen by 0.35 per cent.
For standard properties, this applies to the 75-90 per cent LTV tiers. Rates now begin at 2.94 per cent for a 75 per cent LTV mortgage, up to 3.04 per cent for a 85-90 per cent LTV deal.
Across the new-build range, increases apply between 80-90 per cent LTV. They now start at 2.84 per cent for an 80-85 per cent LTV deal, and 2.94 per cent at 85-90 per cent LTV.
All products have a £995 fee.
Within its buy-to-let range, TSB has reintroduced two and five-year fixes alongside two-year trackers to its house purchase and remortgage offering.
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It has also simplified buy-to-let lending tiers. These will now be 0-60 per cent LTV, 60-75 per cent LTV and 75-80 per cent LTV.