In an effort to help more people achieve their dream of homeownership, TSB has recently announced lower rates on select residential and buy-to-let mortgage products. This move is part of TSB’s commitment to providing competitively priced mortgages to customers.
The new rates will apply to both residential and buy-to-let mortgages, with the residential mortgages offering a 0.2% reduction on two-year fixed rate products and a 0.3% reduction on five-year fixed rate products. The buy-to-let mortgages will offer a 0.2% reduction on two-year fixed rate products and a 0.3% reduction on five-year fixed rate products.
TSB’s new rates are designed to make it easier for customers to purchase their first home or invest in a buy-to-let property. The lower rates are expected to help more people get onto the property ladder, as well as helping existing homeowners to remortgage and save money on their monthly payments.
The new rates are available on select products, so customers should speak to a TSB mortgage advisor to find out which products are eligible for the lower rates. Customers can also take advantage of TSB’s online mortgage calculator to get an estimate of how much they could save by switching to a TSB mortgage.
TSB’s lower rates are part of its commitment to helping more people achieve their dream of homeownership. The bank is also offering additional support to customers, such as free legal advice and access to a dedicated mortgage advisor.
Overall, TSB’s lower rates on select residential and buy-to-let mortgage products are a welcome move for customers looking to purchase their first home or invest in a buy-to-let property. Customers should speak to a TSB mortgage advisor to find out which products are eligible for the lower rates, and take advantage of TSB’s online mortgage calculator to get an estimate of how much they could save by switching to a TSB mortgage.