The 5-year fixed house purchase from 75% to 85% LTV has been cut by 0.05% while the 5-year fixed remortgage up to 60% LTV has been reduced by 0.1%.
TSB has reduced interest rates by up to 0.1% on its 5-year fixed rate mortgages for mortgages for residential and remortgage borrowers.
The 5-year fixed house purchase from 75% to 85% LTV has been cut by 0.05% while the 5-year fixed remortgage up to 60% LTV has been reduced by 0.1%.
The bank has also increased the rate on its 3-year fixed house purchase mortgage (85 – 90% LTV) with a £995 fee by 0.2%.
Nick Smith, TSB’s head of mortgages, said:“We are seeing more and more of our borrowers fixing for a longer period, so these rate reductions will be very welcome for many of our borrowers.”
