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The Intermediary - TSB latest mortgage lender to announce rate cuts, as swaps edge down   Green Tick

  (24/08/2023) TSB Intermediaries, The Intermediary

TSB was this morning the latest lender to announce rate cuts. With 2- and 5-year swap rates also coming down over the past 24 hours, brokers welcomed the move by the TSB, albeit with caveats. On Friday 25th August TSB is reducing rates on 2-year fixed house purchase and remortgage, 0-75% loan-to-value (LTV), by 0.10% and lowering its 3-year fixed remortgage, 0-75% LTV, by 0.10%. Brokers were quick to react to the news when canvassed. https://theintermediary.co.uk/2023/08/tsb-latest-lender-to-announce-rate-cuts-as-swaps-edge-down/

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The Intermediary - TSB cuts rates on residential mortgages and additional borrowing products   Green Tick

  (02/10/2023) TSB Intermediaries, The Intermediary

TSB has announced reductions across a range of its financial products, including significant cuts in rates for residential, product transfer and additional borrowing. The rate cuts go up to 0.35% and start from a baseline of 4.89%. Financial Advice firms react: https://theintermediary.co.uk/2023/10/tsb-cuts-rates-on-residential-mortgages-and-additional-borrowing-products/

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City AM - Mortgage rates are going back UP – but where will they end up?   Green Tick

  (23/02/2024) TSB Intermediaries, City AM

A number of mortgage lenders are raising their costs again in a move which will “bring further tears to the eyes of the general public”. HSBC and Virgin Money are all increasing the cost of new deals this month. It follows a similar announcement by Santander and TSB and Coventry earlier in the week. Just yesterday Natwest also announced further increases to most of its fixed rate mortgage deals. https://www.cityam.com/mortgage-rates-are-going-back-up-but-where-will-they-end-up/

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