TSB lifts rates by up to 0.15% – Mortgage Strategy

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.