HomePERSONALTSB launches sub-4% two-year fix, Clydesdale Bank lowers rates by up to...

TSB launches sub-4% two-year fix, Clydesdale Bank lowers rates by up to 0.21% – Mortgage Strategy

TSB has reduced rates on selected residential, product transfer and additional borrowing products with rates as low as 3.99%.

The cuts include a two-year fixed rate 0% to 60% loan-to-value (LTV) and a fee of £1,495 at 3.99%. This is available to existing TSB customers completing a product transfer.

Other cuts in the product transfer range include two-year fixes 0% to 75% LTV and 85% and 90% LTV, which have been lowered by up to 0.20%.

The lender’s residential two-year fixed first-time buyer and home mover 85% to 90% LTV has been reduced by 0.10% while the five-year FTB and home mover 75% to 90% LTV has been cut by 0.10%.

The additional borrowing range residential two-year fixed 0% to 75% LTV has reduced by up to 0.20% while the three-year fixed has been cut by up to 0.10%.

Meanwhile, Clydesdale Bank has made rate reductions to its core product range, exclusives and buy-to-let (BTL) range.

The 60% to 75% LTV two-year BTL rates have been lowered by 0.21%.

The bank’s 75% and 80% LTV two-year residential remortgage exclusive rates will be reduced by up to 0.12%, while the 65% LTV two- and five-year residential product transfer exclusive rates will be cut by up to 0.10%.

In the core product range, selected 65% and 75% LTV two- and five-year residential rates will be trimmed by up to 0.10%.

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