TSB to reduce residential mortgage rates

Effective tomorrow, Wednesday November 22nd, TSB will be reducing rates on selected residential fixed rate products for home movers and remortgage customers.

The lender’s ‘Affordable Housing’ range will see reductions of up to 0.85%, coupled with a £500 cashback offer.

As for its residential offering, there will be rate reductions of up to 0.30% across TSB’s 2-year fixed house purchase product from 0% to 85% loan-to-value (LTV).

In addition, the lender is also reducing rates on its 2-year fixed house purchase product from 90% -95% LTV by 0.05%.

Further reductions will be available across its 3- and 5-year fixed house purchase products, as well as its 2-, 3-, and 5-year fixed remortgage, Shared Ownership and Shared Equity ranges.

Product end dates have also been extended to the end of March.