TSB lifts remortgage rates and partners with Julian Harris network

TSB lifts remortgage rates and partners with Julian Harris network

TSB has increased rates on its residential remortgage range and signed a partnership with Julian Harris Adviser Network.

 

The lender has also added a two-year buy-to-let product for purchase and remortgage with no early repayment charge.

TSB increased its five-year fixed residential remortgage rates by 0.10% and 0.05%, for its 0-60% and 60-75% loan to value (LTV) products respectively.

The bank has also increased its minimum loan size from £5,000 to £25,000 for two-, three-, five- and ten-year fixed deals at up to 60% LTV with no product fee.

Nick Smith, TSB head of mortgages, said buy to let continued to play a significant role in the UK’s housing market.

He added: “So, from today, we’re delighted to offer our new two-year product to further support landlords looking to remortgage or invest in a property.”

Julian Harris panel

TSB intermediary products are now also available to Julian Harris Adviser Networks’ members.

Helen Harris, director of Julian Harris Adviser Networks (pictured), said: “We are committed to providing our members with the best services and products. With that in mind, we are delighted with the latest addition of TSB to our panel.

“Our completely independent, whole-of-market offering is something that we are extremely proud of.”

Roland McCormack, mortgage intermediary director at TSB, added that the partnership demonstrated TSB’s commitment to the intermediary market.

He said: “We’ve taken our distribution coverage to over 80% of the market with plans to grow further over the coming months.”

SOURCE: mortgagesolutions

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