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TSB to increase resi and BTL rates and withdraw deals
TSB will increase select rates by between 0.35% and 0.75% and withdraw products in its residential and buy-to-let (BTL) ranges.
From 25 April, the lender said that it would be withdrawing all its residential two-year tracker first-time buyer, homemover and remortgage deals.
Also in its residential range, the firm said that two-, three- and five-year fixed first-time buyer, homemover and remortgage products would rise by up to 0.35%.
Shared ownership and shared equity products will also increase by up to 0.75%.
In its BTL range, TSB is withdrawing two-year tracker house purchase and remortgage products, along with its two- and five-year fixed house purchase and remortgage no-fee products.
TSB added that it would be increasing its two- and five-year fixed house purchase and remortgage rates by around 0.45%.
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Earlier this month, the lender announced rate cuts of up to 0.2% across its mortgage range.