TSB removes application fee from all products

Ryan Bembridge

October 25, 2016

TSB has removed its mortgage application fee – which previously cost £265 – from all of its residential and buy-to-let mortgages.

At the same time the lender has launched new product free 3-year fixes at 1.84% to 60% loan-to-value, 1.99% to 75% LTV, 2.14% to 80% LTV, 2.29% to 85% LTV, 2.89% to 90% LTV and 3.89% to 95% LTV.

Roland McCormack (pictured), mortgage intermediary director, said: “The removal of the mortgage application fee on all our products and the introduction of new product fee free fixed rate mortgages is good news for borrowers.

“The changes we’ve made will help homeowners borrow well across the property ladder.”

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