You are here: Home - News -

TSB ups rates; Platform relaunches products – round-up

  • 20/07/2023
  • 0
TSB ups rates; Platform relaunches products – round-up
TSB will increase rates on its residential, buy-to-let, product transfer and additional borrowing ranges by up to 1.05 per cent in some instances from today.

The lender will increase shared ownership and shared equity rates by around 1.05 per cent, with pricing beginning from 7.04 per cent.

In its buy-to-let range, two-year fixed house purchase and remortgage rates will rise by around 01.5 per cent, starting from 6.14 per cent.

On the product transfer side five-year fixed rates up to 75 per cent loan to value (LTV) will go up by around 0.3 per cent and begin from 6.29 per cent.

Within its additional borrowing range, buy-to-let five-year fixed rates will increase by around 0.3 per cent and start from 6.09 per cent.

The lender has also brought back residential 10-year fixed rates in its additional borrowing range, with prices starting from 5.29 per cent.


Platform relaunches deals

Platform will relaunch its mainstream and buy-to-let mortgage ranges for new business and product switching.

On the new business side, the lender will reintroduce all mainstream and buy-to-let fixed rates, along with all professional mortgages and Help to Buy deals.

Within its product switch range, Platform has brought back its mainstream two, three and five-year 60 per cent loan to value (LTV) fixed rate products.

Two, three and five-year fixed rate deals have risen by around 0.41 per cent, whilst two, three and five-year fixed rates have risen by around 0.72 per cent.

Help to Buy products have gone up by around 0.59 per cent.

Its standard variable rate has been increased to 7.87 per cent.

There are 0 Comment(s)

You may also be interested in