TSB offers best fixed rate mortgage since May 2015

TSB has announced its lowest fixed rate mortgage since May 2015, whilst also cutting rates on a range of other mortgages available through brokers.

Homemovers and remortgagees with a Loan-to-Value (LTV) of 0-60 per cent will benefit from a reduction of up to 0.15 per cent, making TSB’s two-year fixed rate mortgage of 1.44 per cent its best rate since May 2015.

Two-year tracker mortgages with a product fee and a LTV of 0-60 per cent will also be reduced by 0.15 per cent, whilst those looking for a ‘no product fee’ mortgage will gain from a 0.10 per cent reduction on the two-year fixed and tracker mortgages.

Home movers and first-time-buyers looking for a longer five-year mortgage could also gain from a reduction up to 0.10 per cent.

Today’s rate changes follow reductions to the TSB mortgage range announced last month helping Britain’s homeowners to borrow well.