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TSB cuts rates by 0.35 per cent and relaunches select products

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  • 29/07/2022
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TSB has reintroduced select first-time buyer and house purchase products, along with shared equity first-time buyer and house purchase deals, and reduced rates by around 0.35 per cent.

The lender said that it brought back two-year fixed first-time buyer and house purchase products with £995 fee.

The products go up to 95 per cent loan to vale (LTV), with pricing starting at 3.34 per cent up to 60 per cent LTV.

TSB has reintroduced five-year fixed shared equity first-time buyer and house purchase products.

Deals go up to 85 per cent LTV and come with no product fee. Pricing starts at 3.69 per cent.

The lender added that TSB has cut rates for its five-year fixed first-time buyer and house purchase by around 0.35 per cent.

Rates now start from 2.29 per cent up to 60 per cent LTV and goes up to 4.29 per cent at 95 per cent LTV. Fee and no fee options are available.

The changes come into effect from today.

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