TSB’s lowest ever five-year fixed-rate remortgage launches

Posted on Tuesday, May 16 by Joy Tibbs

TSB has reduced interest rates by up to 0.15% on selected mortgages for borrowers looking to remortgage their homes.

This means that TSB’s five-year fixed-rate remortgage deals are now at their lowest ever rate, starting from 1.74% available up to 60% loan-to-value (LTV) with a £995 fee.

Rate reductions in the residential mortgage range include: a 0.15% rate reduction on its three-year fixed-rate remortgages up to 75% LTV; a rate reduction of 0.15% on its five-year fixed-rate remortgages up to 85% LTV; and 0.15% rate reduction on its ten-year fixed-rate remortgages up to 0-60% LTV,

Roland McCormack, mortgage distribution director, said: “Just last week, we reduced the rates for a number of our buy-to-let mortgages.

“Now, we are further helping people to borrow well by launching our lowest ever five-year fixed rate for remortgage borrowers, as part of our rate reductions for selected products in our remortgage range.”

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