TSB has announced adjustments to its mortgage offerings, effective today. The changes include rate reductions on various fixed and tracker mortgage products as well as the introduction of a new three-year fixed £0 fee range for residential borrowers.
These alterations are set to impact both product transfer and additional borrowing rates.
On the product transfer front, TSB is launching a new residential 3-year fixed £0 fee product range, with rates starting at 5.79%.
Additionally, the bank is cutting rates for Residential 5-year fixed mortgages by up to 0.15% and for residential 10-year fixed mortgages by up to 0.25%. Product end dates for these offerings have been extended to the end of January.
As for additional borrowing, the bank is also introducing new residential 3-year fixed rates.
There are rate reductions across the board: the buy-to-let 2-year tracker rate is being lowered by 0.40%, the residential 2-year tracker rate is seeing a reduction of 0.30%, and rates on Residential 5- and 10-year fixed products are being slashed by up to 0.15% and 0.25%, respectively.
