TSB has increased its homeowner variable rate and buy-to-let variable rate for new customers from today, following the base rate increase to 5.25 per cent.
The lender’s homeowner variable rate stands at 8.74 per cent and its buy-to-let variable rate is 9.59 per cent.
The change will apply to new customers from today.
Gen H reduces rates
Gen H has lowered rates across most of its products up to 95 per cent loan to value (LTV) by around 0.16 per cent.
Five-year homebuying bundle rates at 95 per cent LTV start at 5.97 per cent with a £999 fee and at 6.03 per cent without a fee.
Five-year homebuying bundle rates up to 90 per cent LTV are under six per cent and two-year rates have dropped between 11 and 14 basis points across most products.
Pete Dockar, Gen H’s Chief Commercial Officer, said: “We are thrilled that we can continue to reduce our rates to help support more buyers.
“Our 95 per cent LTV products are particularly competitive, and when paired with some of our unique affordability solutions and bundle products, these reductions can really make a difference to homeowners and aspiring owners.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
