Mortgage heavyweights Santander, HSBC and TSB are all making changes to their rates as lenders continue to reprice.
TSB is making changes to its product transfer range for both buy-to-let and residential mortgages.
For buy-to-let 2-year and 5-year fixed rates between 0-75% loan-to-value (LTV) increase by up to 0.50%.
For residential product transfers 2-year and 10-year fixed rates increase by up to 0.50%.
Meanwhile, Santander is increasing its residential and buy-to-let affordability rates following June’s Bank of England base rate increase.
At the same time, for residential applications only, it’s increasing the minimum National Insurance threshold to £12,570 in line with government changes; and updating the household expenditure figures to reflect the most recent Office of National Statistics (ONS) data.
Finally, HSBC rates have been increased on a number of products across all LTV bands. The increases are between 0.10% and 0.30% and cover both residential and buy-to-let mortgages.
