Wednesday, June 29, 2022
HomeLoansTSB announces changes to resi product range

TSB announces changes to resi product range

TSB has announced changes to its residential product range, effective 24 May.

The lender’s five-year fixed first-time buyer house purchase at up to 75% loan-to-value (LTV) products with a fee of £995 have increased by 0.25%.

The five-year fixed remortgage at up to 85% products with a £995 fee have risen by as much as 0.30%.

Meanwhile, TSB has withdrawn its five-year fixed first-time buyer and house purchase at up to 95% LTV products with no fee.

It has also announced the withdrawal of its new build five-year fixed first-time buyer and house purchase 80-90% LTV products with no fee as well as its new build five-year fixed shared equity and shared ownership first-time buyer and house purchase products. 

The five-year fixed shared equity and shared ownership first-time buyer and house purchase products have also been withdrawn.

Last week, the lender also announced rate increases for its residential five-year fixed products and simplified its buy-to-let (BTL) loan to value (LTV) bands.



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