TSB is making selected rate changes to its residential, product transfer and additional borrowing ranges, effective tomorrow (6 February).
The lender is increasing rates on residential products including two-year fixed house purchases up to 90% loan-to-value (LTV) by 0.05% and five-year fixed house purchases up to 85% LTV also by 0.05%.
Two-year fixed remortgage rates up to 60% LTV will rise by 0.10% and two-year fixed remortgages rates between 60% and 90% LTV with no fee will lift by 0.10%, while five-year fixed remortgage rates between 75% and 85% LTV will go up by 0.05%.
TSB is lowering rates on its five-year fixed house purchase products between 90% and 95% LTV by 0.05%.
Rates on the bank’s product transfer range will see increases of up to 0.15%.
The residential two-year fixed up to 80% LTV will rise by as much as 0.15% and the residential two-year fixed between 80% and 85% LTV with a fee of £995 will lift by 0.05%.
The residential three-year fixed will go up by up to 0.10% while the residential five-year fixed up to 85% LTV will increase by 0.05%.
In TSB’s additional borrowing range, rates will rise by up to 0.15% on residential two-, three- and five-year fixed deals.
Earlier today, Mortgage Strategy reported that NatWest will hike mortgage rates by up to 0.24%, while Metro Bank announce price cuts.
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