TSB has made changes to its mortgage product range.
Changes include the following:
- Introduction of a new five-year fixed house purchase (0-60% LTV) product with £1,495 product fee (Intermediary only).
- Various rate reductions to two-year, three-year and five-year fixed house purchase (0-95% LTV), rates reduced up to 0.15 percentage points.
- Various rate reductions to two-year, three-year and five-year fixed remortgage (0-60% LTV) products. Customers will also receive the option of £300 cashback and no free legals or free legals.
Nick Smith, TSB’s head of mortgages, said: “We’re seeing more customers demand for longer term fixed rate products, that’s why we have introduced a new five-year fixed rate.
“These changes have our customer in mind – so that we’re helping more people borrow well.”