TSB’s remortgage rates increase – will other lenders follow suit?
TSB’s fixed rate remortgage products have increased in price.
Rates have increased by 0.10% - 0.20%, depending on the term of the fix and the loan to value involved.
- The smallest increases have been made to the bank’s 5 year fixes, with a fee, of between 60 – 75% LTV.
- The largest increases have been made to the 2 year fixed term range for up to 85% LTV.
Where other lenders have been trimming their remortgage rates in the wake of the base rate increase, TSB has been steadily increasing their rates throughout the year.
However, despite the increases, TSB’s rates may well still represent some of the most competitively priced possibilities in the UK remortgage market today.
To find out how affordable these ranges are, the best course of action is to make a full comparison of all your available options. Our advisors here at Deal Direct have access to lenders located throughout the UK and can carry out a full remortgage search and comparison for you.
Our service includes exclusive offers not available on the wider market, which means we can offer you a complete picture of your best, most affordable remortgage options.
One lender has already increased its remortgage rates but not all lenders have followed suit – yet. Contact Deal Direct today to secure the remortgage deal that’s best for you, before it disappears.