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2 Years fixed rate Mortgage at 1.44% @ 60% LTV - TSB Bank- No Fee
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2 Years fixed rate Mortgage at 1.44% @ 60% LTV - TSB Bank- No Fee

32
Posted 12th May
2 Years fixed rate at 1.44% - TSB Bank
With a posibile cashback for existing customers.
2 year fixed rate
Mortgage payments stay the same during the 2 year fixed-rate period so they're easier to manage.

Free standard legal work on a remortgage when borrowing up to £999,999
Available if you're moving your mortgage (remortgaging) from another lender.
No product fee on some deals
£150 cashback paid on completion of your mortgage if you've got a TSB current account and have £500 or more a month paid into it.
Repay up to 10% of the balance each year without a charge
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I am not a broker so please seek qualified help is you have any questions.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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Willy_Wonka12/05/2020 22:17

Great deal. However, I would go for the fixed 5 year deal @ 1.79% or a 10 …Great deal. However, I would go for the fixed 5 year deal @ 1.79% or a 10 year fixed if possible. The Government will want their money back at some stage.


HSBC for 1.59% for 5 years is one of the best atm.
This is the best no fee for 2 years atm.
It's always better to have more options
32 Comments
Would never bank with TSB again, let alone apply for a mortgage. They cancelled my card multiple times without warning and for no apparent reason. They would regularly lock access to my online banking and not allow me access without visiting one of their very few remaining branches. I've since switched to Starling and couldn't be happier with the features and customer service.
What level of LTV are they looking for?
60% LTV like always?
booggiebee12/05/2020 22:15

60% LTV like always?


Yes. Just added in the title. Low risk for them . Big commitment for us
Great deal. However, I would go for the fixed 5 year deal @ 1.79% or a 10 year fixed if possible.

The Government will want their money back at some stage.
Willy_Wonka12/05/2020 22:17

Great deal. However, I would go for the fixed 5 year deal @ 1.79% or a 10 …Great deal. However, I would go for the fixed 5 year deal @ 1.79% or a 10 year fixed if possible. The Government will want their money back at some stage.


HSBC for 1.59% for 5 years is one of the best atm.
This is the best no fee for 2 years atm.
It's always better to have more options
ScrambledEggs4412/05/2020 22:19

HSBC for 1.59% for 5 years is one of the best atm. This is the best no fee …HSBC for 1.59% for 5 years is one of the best atm. This is the best no fee for 2 years atm. It's always better to have more options



Oh. I do not disagree at all. Just thinking longer term. If we could fix at this rate for 5/10 years then that is a bonus.
I just remortgaged yesterday with TSB for 5 years fixed @ 1.44%, £995 fee. Well pleased with that
TSB. Never again.
A lot of mortgages you can get that rate for 5 years fixed now. Have a look at nationwide
Waiting until after house prices fall.
Nealio12/05/2020 22:24

I just remortgaged yesterday with TSB for 5 years fixed @ 1.44%, £995 fee. …I just remortgaged yesterday with TSB for 5 years fixed @ 1.44%, £995 fee. Well pleased with that


I spoke to them about that today. They are happy to waive my early redemption charge to let me move to this. Saves almost £400 a month
fluffycupcake12/05/2020 22:45

Waiting until after house prices fall.



You mean when interest rates rise? Because that is likely to be at the same time. Give or take a month.
fluffycupcake12/05/2020 22:45

Waiting until after house prices fall.


I assume you don’t have a mortgage? If house prices fall, your ltv will be higher and then you may not get this deal. Unless you are cash rich and have a large deposit?
scoobygilo12/05/2020 22:44

A lot of mortgages you can get that rate for 5 years fixed now. Have a …A lot of mortgages you can get that rate for 5 years fixed now. Have a look at nationwide


Yes....But with fees
stanky12/05/2020 23:14

I assume you don’t have a mortgage? If house prices fall, your ltv will be …I assume you don’t have a mortgage? If house prices fall, your ltv will be higher and then you may not get this deal. Unless you are cash rich and have a large deposit?


no mortgage, just think nows the dumbest time to buy a property. Probably good if you want to remortgage though.
fluffycupcake12/05/2020 23:39

no mortgage, just think nows the dumbest time to buy a property. Probably …no mortgage, just think nows the dumbest time to buy a property. Probably good if you want to remortgage though.



You have balanced it out. High price with low mortgage OR lower price with higher mortgage. It is a toss of a coin.
Any credit is free money now, especially against property, when pounds/dollars/euros are rapidly becoming bolivares...

Nationwide has a better deal though. Preeviously posted.
Willy_Wonka12/05/2020 22:50

You mean when interest rates rise? Because that is likely to be at the …You mean when interest rates rise? Because that is likely to be at the same time. Give or take a month.


The 3 D's - Death, Divorce and Debt - will take care of things even if interest rates go nowhere. Divorce and debt will be skyrocketing.

If this COVID business doesn't crater the housing market then nothing will.
Val_i13/05/2020 00:53

Any credit is free money now, especially against property, when …Any credit is free money now, especially against property, when pounds/dollars/euros are rapidly becoming bolivares...Nationwide has a better deal though. Preeviously posted.


Which deal?
Good deal if can fix for 5yrs+
How are they like with remortgage process?
Submit income/statements etc. as new application?
fluffycupcake12/05/2020 23:39

no mortgage, just think nows the dumbest time to buy a property. Probably …no mortgage, just think nows the dumbest time to buy a property. Probably good if you want to remortgage though.


Why comment about buying a property on a remortgage deal?

Seems like you’re the “dumbest” here
jp201613/05/2020 15:13

Why comment about buying a property on a remortgage deal? Seems like …Why comment about buying a property on a remortgage deal? Seems like you’re the “dumbest” here


1. These mortgage deals are all linked on the FTB thread, that's how I found this post
2. The comments below mine are talking about considering getting a mortgage, not remortgage
3. I already said it's a decent remortgage deal, I was referring to the comments from those considering a mortgage or purchasing a property at this time.

I love how homeowners get all defensive at the idea that their property value is about to take a nosedive.
Edited by: "fluffycupcake" 14th May
fluffycupcake14/05/2020 09:26

1. These mortgage deals are all linked on the FTB thread, that's how I …1. These mortgage deals are all linked on the FTB thread, that's how I found this post2. The comments below mine are talking about considering getting a mortgage, not remortgage3. I already said it's a decent remortgage deal, I was referring to the comments from those considering a mortgage or purchasing a property at this time.I love how homeowners get all defensive at the idea that their property value is about to take a nosedive.


Ha! I don’t get defensive at all. Being someone who is qualified in this area I’m free to call out the armchair economists.

Buying a property is a long term purchase so even if house prices do go down (key difference here is going down vs slow growth), even after the 2008 crisis (of which the mechanics were very different to what they are now), prices recovered and increased.
fluffycupcake14/05/2020 09:26

1. These mortgage deals are all linked on the FTB thread, that's how I …1. These mortgage deals are all linked on the FTB thread, that's how I found this post2. The comments below mine are talking about considering getting a mortgage, not remortgage3. I already said it's a decent remortgage deal, I was referring to the comments from those considering a mortgage or purchasing a property at this time.I love how homeowners get all defensive at the idea that their property value is about to take a nosedive.


You said you had no mortgage and that you were waiting for prices to fall?!
Majority of homeowners don’t mind if their house prices dip, it effects very little unless say you were remortgaging and trying to get deal with ltv of 60% - such as this deal, the one you are commenting on, but you don’t have a mortgage?!
jp201614/05/2020 09:52

Ha! I don’t get defensive at all. Being someone who is qualified in this a …Ha! I don’t get defensive at all. Being someone who is qualified in this area I’m free to call out the armchair economists.Buying a property is a long term purchase so even if house prices do go down (key difference here is going down vs slow growth), even after the 2008 crisis (of which the mechanics were very different to what they are now), prices recovered and increased.


This person likes to comment a lot on remortgage deals, odd considering they don’t have a mortgage. They normally have constructive comments such as “house prices going to crash”. I wouldn’t waste your time on them!
stanky14/05/2020 14:34

You said you had no mortgage and that you were waiting for prices to …You said you had no mortgage and that you were waiting for prices to fall?! Majority of homeowners don’t mind if their house prices dip, it effects very little unless say you were remortgaging and trying to get deal with ltv of 60% - such as this deal, the one you are commenting on, but you don’t have a mortgage?!


These are first time mortgage rates too are they not?

I meant waiting for house prices to fall before buying a property.
Edited by: "fluffycupcake" 14th May
fluffycupcake14/05/2020 14:45

These are first time mortgage rates too are they not?I meant waiting for …These are first time mortgage rates too are they not?I meant waiting for house prices to fall before buying a property.


No wonder you don’t have a mortgage with comments like this
jp201614/05/2020 14:48

No wonder you don’t have a mortgage with comments like this


explain?
fluffycupcake14/05/2020 16:46

explain?



Because it is for anyone who has 60% LTV or less. Cannot imagine most new buyers having a 40% deposit.
Edited by: "Willy_Wonka" 14th May
I know no one has a crystal ball but... I would have thought two years would be lower than this now when five years are around the same with a very small reservation fee.
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