TSB has made a number of changes to its residential and buy-to-let mortgage range with rates increasing across a number of products.
The rises come at a time when many lenders are repricing in light of the recent Bank of England interest rate increase.
On the residential front TSB’s first-time buyer and house purchase 90-95% loan-to-value (LTV) products have the maximum loan size is increased to £570,000.
Other changes see the rates on first-time buyer and house purchase 5-year fixed products at 60-95% LTV increased by up to 0.25%.
Additionally, rates for new build first-time buyer and house purchase 5-year fixes at 80-85% LTV are increased by 0.25%
Other changes see:
- Remortgage 5-year fixed 85-90% LTV rates increased by 0.35%
- New build shared equity first-time buyer and house purchase 5-year fixed 0-85% LTV rates increased by up to 0.50%
- Shared equity first-time buyer and house purchase 2- and 5-year fixed rates increased by up to 0.50%
- Shared equity remortgage 2- and 5-year fixed 0-75% LTV rates increased by up to 0.40%
Finally, on the buy-to-let front purchase and remortgage 2- and 5-year fixes between 0-75% LTV see rates increased by up to 0.30%.
