TSB launch 5-year remortgages

Both products have a £1,495 product fee.

TSB launch 5-year remortgages

TSB has launched a range of 5-year fixed rate remortgage products.

A 1.64% product is now available up to 75% loan-to-value (LTV) and a 1.84% product available from 75% to 85% LTV.

Both deals come with the option of free legals or £300 cashback and no free legals.

Both products have a £1,495 product fee.

Nick Smith, TSB’s head of mortgages, said:“We are seeing more and more of our borrowers opting for longer term fixed rate loans, so we are delighted to be able to introduce these two, very competitively priced, 5-year products.

“There is currently a lot of uncertainty in the marketplace, so these products will give our borrowers the peace of mind they are seeking.

“I am sure that they will prove to be very popular additions to our product range.”