TSB has introduced its lowest fixed rate mortgage since May 2015, whilst also cutting rates on a range of other mortgages available through brokers.
Homemovers and remortgagees with a Loan-to-Value (LTV) of 0-60% will benefit from a reduction of up to 0.15 percentage points, making TSB’s two-year fixed rate mortgage of 1.44% its best rate since May 2015.
Two-year tracker mortgages with a product fee and a LTV of 0-60% will also be reduced by 0.15 percentage points, whilst those looking for a ‘no product fee’ mortgage will gain from a 0.10 percentage point reduction on the two-year fixed and tracker mortgages.
Home movers and first-time-buyers looking for a longer five-year mortgage could also gain from a reduction up to 0.10 percentage points.