TSB launches lowest ever 5-year fix

Ryan Bembridge

May 12, 2017

TSB has launched a 5-year fixed rate mortgage at 1.74% to 60% loan-to-value with a £995 fee.

TSB has also cut rates by 0.15% for remortgagors on its 3-year fix, 5-year fix and 10-year fix products.

But rates for 2 and 3-year fixed rate mortgages at 95% LTV have been increased by 0.15%.

Roland McCormack (pictured), mortgage distribution director, said: “Just last week, we reduced the rates for a number of our buy-to-let mortgages.

“Now, we are further helping people to borrow well by launching our lowest ever 5-year fixed rate for remortgage borrowers, as part of our rate reductions for selected products in our remortgage range.”

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