TSB updates mortgage product range

A key highlight includes the introduction of a new five-year fixed house purchase offering.

TSB updates mortgage product range

TSB is making changes to its mortgage product range.

Key highlights include the introduction of a new 5-year fixed house purchase available up to 60% LTV, which comes with a £1,495 product fee available for intermediaries only.

There are also various rate reductions to their 2, 3 and 5-year fixed house purchase rates up to 95% LTV.

The 2, 3 and 5-year fixed remortgage range up to 60% LTV has also seen various rate reductions, with customers also receiving the option of £300 cashback and no free legals or free legals.

Nick Smith, head of Mortgages at TSB, said:We’re seeing more customers demand for longer term fixed rate products, that’s why we have introduced a new five-year fixed rate.

"These changes have our customer in mind - so that we’re helping more people borrow well.”