TSB has reduced rates across its product transfer and additional borrowing mortgages by up to 0.4 per cent.
The lender has cut rates on five-year fixed residential product transfers by up to 0.15 per cent to start from 5.19 per cent for a deal up to 60 per cent loan to value (LTV) with a £995 fee.
The 10-year fixed product transfers for residential borrowers have been reduced by up to 0.25 per cent and now begin from 5.09 per cent for a fee-free deal up to 60 per cent LTV.
Across its additional borrowing range, TSB has reduced buy-to-let two-year tracker rates by 0.4 per cent, and residential two-year tracker rates by 0.3 per cent. Its five-year fixed additional borrowing options for residential borrowers have been lowered by up to 0.15 per cent and the 10-year fixes by up to 0.25 per cent.
For product transfer, TSB has launched fee-free three-year fixed options with the rate starting at 5.79 per cent for borrowing of up to 60 per cent LTV.
The provider has also introduced three-year fixed options to its additional borrowing range.
The changes apply from 19 September.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
