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- The bank’s five-year fix for Premier Banking customers is now at 5.24percent (60percent LTV) with a 999 fee.
- Bucking the trend of increased rates, TSB is reducing the cost of selected two and five-year fixed rate mortgages and some tracker loans by up to 0.4 percentage points from tomorrow .
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It is also offering a five-year fixed rate for borrowers at 75percent LTV from 5.39percent with a 2percent fee, or at 4.79percent with a 5percent fee. Bucking the trend of increased rates, TSB is reducing the cost of selected two and five-year fixed rate mortgages and some tracker loans by up to 0.4 percentage points from tomorrow . The rate falls will apply on remortgage, house purchase and product transfer deals and also on some buy-to-let mortgages. Brokers say the bank is looking to grab some market share but that the lower rates are not likely to stick around for long. Leeds building society has increased the cost of selected fixed rates including some shared ownership deals. Its three-year fixed rate for residential remortgage has been withdrawn.
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Five-year rates will start from 5.09percent (down from 5.39percent) with a 1,995 fee (60percent LTV). The bank has also taken a knife to buy-to-let rates, first-time buyer rates, shared equity deals and product transfer rates for existing customers. Its Help To Buy shared equity five-year fixed rate for remortgage is now 5.09percent (75percent LTV) with a 995 fee. Fleet Mortgages, the specialist BTL lender, has cut its range of five-year fixed rates by up to 0.2 percentage points.
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