TSB scraps a number of mortgages

Michael Lloyd

March 9, 2018

TSB is scrapping a number of mortgage products from tomorrow.

These include: a 3-year fixed rate for homebuyers, 5-year fixed rate at 0-80% LTV with no product fee for homebuyers and a 10-year fixed rate with a 10/year early repayment charge for homebuyers.

It is also removing the 2-year fixed rate at 0-80% LTV with no product fee for remortgage borrowers and 10-year fixed rate with 10-year fixed rate with a 10 year ERC for remortgage borrowers.

Emily Kerr, assistant media relations manager at TSB, said: “We regularly review our product range and pricing which means sometimes prices go up and sometimes they go down.  And similarly, sometimes we introduce products and sometimes we remove them.

“It’s really important to us that we continue to deliver great service to our brokers and customers, and also provide competitive products to borrowers.”

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