First-time Buyer
TSB introduces ten-year fixes and shared ownership deals
Written By:
Cherry Reynard
Posted:
Updated:
08/04/2018
TSB has doubled its cashback on 85%-95% loan to value (LTV) deals from £250 to £500, as well as making rate changes and introducing a new ten-year fixed range.
Pricing on home mover and remortgage ranges have also seen rates changed by up to 0.25%, with some rates hiked by 0.20%, and others dropped by 0.15%.
The bank has also introduced a number of new products, including:
- Five-year fixes ranging from 2.04% to 2.69% at up to 90% LTV, with £995 product fee for remortgage borrowers;
- Ten-year fixes starting at 2.54% for 60% LTV and £995 product fee, with early repayment charges for remortgage and purchase
TSB is also launching shared ownership and shared equity products for remortgage and purchase, including a shared ownership home mover two-year fixed from 1.69% at 0-95% LTV, with fee and fee-free options.
