Home » TSB cuts rates on FTB and house purchase loans by up to 30bps

TSB cuts rates on FTB and house purchase loans by up to 30bps

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TSB has cut selected rates on its two-year fixed-rate first-time buyer and house purchase loans by up to 30 basis points.

The biggest cuts among its 75% to 95% loan-to-value FTB deals include:

A two-year fixed-rate product at 2.39% at up to 85% LTV, with no fee, cut from 2.69%.

A two-year fixed-rate offer at 2.54% at up to 90% LTV, with a £995 fee, down from 2.84%.

A two-year fixed-rate mortgage at 2.79% at up to 90% LTV, with no fee, reduced from 3.09%.

And a two-year fixed-rate deal at 1.94% at up to 85% LTV, with a £995 fee, down from 2.14%.

The biggest cuts among its 75% to 95% loan-to-value house purchase loans include:

A two-year fixed-rate product at 2.79% at up to 90% LTV, with no fee, reduced from 3.09%.

A two-year fixed-rate deal at 2.54% at up to 90% LTV, with a £995 fee, cut from 2.84%.

A two-year fixed-rate offer at 2.39% at up to 85% LTV, with no fee, down from 2.69%.

And a two-year fixed-rate mortgage at 1.94% at up to 85% LTV, with a £995 fee, reduced from 2.14%.

Last month, the high-street lender cut selected product transfer rates by up to 45bps, while also raising the cost of some rate switcher deals.

Original Article

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