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TSB pulls select two, three and five-year fixes

  • 27/05/2022
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TSB pulls select two, three and five-year fixes
TSB has withdrawn certain two, three and five-year fixes from its residential and buy-to-let ranges.

The bank has shelved two-year fixes with a £995 fee from its first-time buyer, house purchase and remortgage ranges. The fee-free options remain. 

Its three-year fixes with two-year early repayment charges (ERCs) for first-time buyers, house purchase and remortgage have also been removed. This leaves no three-year fixes in these ranges. 

For buy-to-let borrowers, five-year fixes for purchase and remortgage have been pulled. Currently, only two-year fixed rate options remain for landlords. 

This is the second time the lender has pulled mortgage products this week.  

On Tuesday, it removed all fee-free five-year fixed rates for first-time buyers and home movers up to 90 per cent loan to value (LTV), as well as the shared equity equivalents. It also pulled fee-free five-year fixes for new-build homes between 80 and 90 per cent LTV. 

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