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TSB boosts existing customer range

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
01/07/2015

Borrowers who already have a mortgage with TSB can now access a range of discounted products.

The lender’s range of products for existing borrowers has been lowered by 0.1%.

TSB said customers who were currently on its standard variable rate of 2.5% could save by moving onto another product.

These mortgages start from 2.09%, meaning customers could save on their monthly payments. However, borrowers should consider any additional fees before remortgaging.

TSB said homeowners who took out one of its mortgages after June 2010 may have been moved onto a homeowner variable rate since their deal came to the end of its fixed period.

Its homeowner variable rate is currently at 3.99%, meaning savings could be even more considerable.

The bank said existing TSB customers with an remaining loan of £200,000 could save over £2,300 per year by transferring their mortgage to its two-year fix at 1.99%.


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