TSB Increase the Rates on Selected Mortgages

31st May 2017

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.

TSB has increased interest rates by between 0.05% and 0.10% on selected mortgages for remortgage and home mover borrowers.

The changes affect the following mortgages:

Five-year fixed rate mortgages for remortgage borrowers, 0-75% LTV, rates increased by 0.05%.
Three-year fixed rate mortgages for home movers, 85-90%, rates increased by 0.10%.

Rates effective from 26 May 2017

Remortgage 5 Year Fixed

LTV	Fee	Old Rate %	New Rate %	Rate Difference %
0-60%	£995	1.74	1.79	+0.05
0-60%	£0	1.94	1.99	+0.05
60-75%	£0	2.29	2.34	+0.05

Rates effective from 30 May 2017

Home mover 3 Year Fixed

LTV	Fee	Old Rate %	New Rate %	Rate Difference %
85-90%	£995	2.49	2.59	+0.10
85-90%	£0	2.84	2.94	+0.10

Remortgage 5 Year Fixed

LTV	Fee	Old Rate %	New Rate %	Rate Difference %
60-75%	£995	1.89	1.94	+0.05

Media Contacts

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.

Notes to editors

TSB was built to bring more competition to UK banking and ultimately make banking better for all UK consumers. TSB only serves local customers and local businesses, to help fuel local economies, because communities thriving across Britain is a good thing for all of us.

We have a simple, straightforward and transparent banking model and make clear on our website how we operate and make money. We offer the products and services people tell us they want, with none of the funny stuff people normally associate with traditional banks.

Our five million customers appear to notice: TSB is Britain’s most recommended high street bank and was recently identified as one of the top 10 big companies to work for.

For further information about TSB Bank plc, please visit our website www.tsb.co.uk.