TSB 10-year fix mortgage 2.34%, maximum LTV 60%
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TSB 10-year fix mortgage 2.34%, maximum LTV 60%

10
Found 15th Dec 2017
If you are keen to fix your mortgage rate for a decade, TSB’s 10-year fix is worth considering.

The deal is as follows:
  • Mortgage rate fixed at 2.34% for 10 years (up to 31 Jan 2028).
  • £995 fee.
  • First and second-time buyers only.
  • Max LTV 60%
  • Borrowers can make overpayments of up to 10% of the outstanding balance each year and take payment holidays after one year.

The only notable downside is early repayment charges (ERCs) if you want to switch before the 10 years are up. You’ll pay 6% in the first five years and the ERC decreases by 1% each year after that – so 1% by the final year.

Moneyfacts says the deal is “the lowest rate in its sector” and “a great choice for borrowers looking to secure their monthly mortgage repayment for a decade”.

Fee-free alternative
If you are keen to fix for 10 years but don’t want to pay the £995 arrangement fee, TSB also offers a fee-free deal at 2.44%.

To calculate the best deal for you add together the monthly payments for the fixed period (so 120 payments in this case) plus the product fee then compare the total with other products of the same length fix.
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Top comments
Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with that....
10 Comments
sounds good, I'm gonna look into this. Thanks op
Any idea how long this is available for?
Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with that....
Nationwide deal sounds good.
Website is down when trying to apply..........
Tiger7861 h, 34 m ago

Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with …Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with that....


I can't find that deal, is it for first time buyers only? We are currently remortgaging from another lender with 56% LTV but it doesn't give it as an option on their website for me.
shame about max 60% LTV (for me, atleast)
Tiger7864 h, 8 m ago

Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with …Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with that....


Well technically you can depends on interest rates at the end of the 5 year deal and how much money you still have on your mortgage and how long it will take you to pay the rest off.
Tiger7865 h, 23 m ago

Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with …Im gonna go with nationwide 5 years fix for 1.76% cant go wrong with that....


unless rates creep up after 4 years and then you may be stuck paying a lot after a 5 year fix ends!
It annoys me that with a phone you can recontract. But on a mortgage you can't i offered TSB that i would renew my mortgage as three years left of a five year fix. I would take this deal and i'm locked in for ten years. You think for the money they would do it.

Nope you will still have to pay exit fees! Yup i understand if i wanted to leave. But in a way i'm extending my mortgage. Nope you habe to pay the fees.

Ok fair enough i will pay my three years and will not be using TSB once when the deal ends! Seems silly
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