TSB expands affordable housing offering

Products include homemover 2-year fixes at 2.19% below 75% loan-to-value and from 2.39% above that LTV.

TSB is offering affordable housing products in Wales and Scotland for the first time and has launched a new set of homemover mortgages.

Products include homemover 2-year fixes at 2.19% below 75% loan-to-value and from 2.39% above that LTV. Remortgagors meanwhile can take out a mortgage at 1.99% to 60% LTV and 2.19% above 60% LTV.

TSB has also launched 5-year fixes at 2.94% to 75% LTV and from 3.09% above that LTV.

Beverley Bradford, head of intermediary performance, said: “It is great that TSB is now able to expand its affordable ousing range to Scotland and Wales after the success of the schemes in England.

“TSB was born to help local communities thrive, this now offers an alternative option for home seekers across Britain who are finding it difficult to achieve their dream of owning their own home.”