TSB has confirmed the details of several rate changes that it announced late yesterday.
The changes concern a selection of product transfers, which have received rate cuts of up to 0.15 per cent, and residential mortgages.
For two-year fixed rates for purchase, changes include: the 60 per cent LTV with £995 fee increasing from 1.29 per cent to 1.39 per cent, the 75 per cent LTV with £995 fee being increased from 1.34 per cent to 1.44 per cent, and the 80 per cent LTV seeing its rate go up from 1.79 per cent to 1.94 per cent.
Five-year fixes for home purchase have seen rate increases of 0.10 per cent. This include the 60 per cent LTV with £995 fee going from 1.49 per cent to 1.59 per cent, the 75 per cent LTV with no fee changing from 1.89 per cent to 1.99 per cent, and the 80 per cent LTV with zero fee increasing from 1.99 per cent to 2.09 per cent.
Meanwhile, two-year fixes with free legals at up to 75 per cent LTV have seen rate increases of 0.15 per cent as have similar products that include no free legals but £300 cashback instead.
Alongside these changes, the 80 per cent LTV five-year fix for Shared Ownership has seen its rate go up from 2.09 per cent to 2.19 per cent.
