TSB is set to adjust its mortgage offering from tomorrow (Friday 30th August), with the introduction of new products and rate reductions across various ranges.
In its residential range, TSB reduced rates by 0.05% for its 2-year fixed mortgages available to first-time buyers and home movers, with loan-to-values (LTVs) between 75% to 85% and 90% to 95%.
Additionally, the bank will lower rates on 2-year and 3-year fixed remortgage products by up to 0.45%.
For buy-to-let (BTL) mortgages, TSB will extend product end dates to the end of January.
It will also implement rate reductions of up to 0.15% on 2-year and 5-year fixed house purchase and remortgage products.
The product transfer range will see similar changes, with product end dates extended to the end of January and a reduction in rates by up to 0.50% on residential 2-, 3-, and 5-year fixed products.
Buy-to-let 2- and 5-year fixed products with LTV ratios of up to 75% will also experience rate cuts of up to 0.15%.
Additionally, for those seeking additional borrowing, TSB will extend product end dates to the end of January and reduce rates on residential 2-, 3-, and 5-year fixed products by up to 0.50%.
Buy-to-let 2- and 5-year fixed products will also see a reduction of up to 0.15%.
