With effect from 29 March Intermediary Product Guide.

Transcription

1 With effect from 29 March Intermediary Guide.

2 What s inside... Introducing our product range effective from 29 March Up to 95% LTV What's inside? Page 2 year fixed Movers and first time buyers plus 5 and 10 year fixed rates 2 year fixed rates 3 5 year fixed rates 4 10 year fixed rates 5 Remortgages 2 year fixed rates 6 5 year fixed rates 7 10 year fixed rates 8 Shared ownership Movers, First Time Buyers and Remortgages 9 Shared equity Movers, First Time Buyers and Remortgages 10 Buy-to-Let Homemover - fixed rates 11 Remortgage - fixed rates 12 Pro Valuation s 13

3 Movers and first time buyers. Up to 95% LTV 2, 5 and 10 year fixed rate terms available. If LTV exceeds 75% all lending must be on a repayment basis If is applicable this will be paid to the customer via their solicitor, on completion Fixed 2 year fixed rate (fixed until 30 June 2020) LTV Initial rate 1.44% 1.49% 75% to 80% 1.59% 80% to 85% 1.64% 85% to 90% 1.84% 90% to 95% 3.74% This reverts to Early repayment charge Loan size (inc all s) APRC % TSB Mortgage BA BE BI BM 5,000 to 750, BQ 500 5,000 to, BU 500 *Homeowner Variable Rate, 3

4 Movers and first time buyers. Fixed 5 year fixed rate (fixed until 30 June 2023) LTV Initial rate 1.99% 2.09% 75% to 80% 2.14% 80% to 85% 2.29% 85% to 90% 2.49% 90% to 95% 4.24% This reverts to Early repayment charge Loan size (inc all s) APRC % TSB Mortgage BW CA CE CI 5,000 to 750, CM 500 5,000 to, CQ 500 *Homeowner Variable Rate, 4

5 Movers and first time buyers. 10 year fixed rate with 5 year ERC (fixed until 30 June 2028) 10 year fixed rate product with only 5 years ERC LTV Initial rate 2.84% 2.99% 75% to 85% 3.19% 85% to 90% 4.04% 90% to 95% 5.09% This reverts to Early repayment charge Loan size (inc all s) APRC % TSB Mortgage CS CU CW 5,000 to 750, CY 500 5,000 to, DA year fixed rate with 10 year ERC (fixed until 30 June 2028) LTV Initial rate This reverts to Early repayment charge Loan size (inc all s) APRC % TSB Mortgage 6% until 30/06/2023, then 2.54% 5% until 30/06/2024, then DC 4% until 30/06/2025, then 3% until 30/06/2026, then 2.64% 2% until 30/06/2027, then 1% until 30/06/ DE 6% until 30/06/2023, then 2.69% 5% until 30/06/2024, then DG 4% until 30/06/2025, then 3% until 30/06/2026, then 2.79% 2% until 30/06/2027, then DI 1% until 30/06/2028 *Homeowner Variable Rate, 5

6 Remortgages. Up to 90% LTV 2, 5 and 10 year products available Free valuation** and free standard legals*** If LTV exceeds 75% all lending must be on a repayment basis Fixed 2 year fixed rate (fixed until 30 June 2020) Early repayment charge Loan size (inc all s) APRC % 1.54% 1.59% 75% to 80% 1.64% 80% to 85% 1.69% 85% to 90% 2.19% DK DO DS DW 5,000 to 750, EA *Homeowner Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. ***Free standard legals are provided through TSB s nominated firms of conveyancer. costs may become payable for: - services such as change of name, transfer of equity, deed of postponement, any additional costs in relation to leasehold properties, acting in or discharging Help to Buy arrangements. This information must be given directly to the acting Conveyancer - Our nominated firms of conveyancers will not act for remortgages where additional funds are raised to simultaneously extend the lease or remortgages which involve acting in or discharging shared equity or shared ownership arrangements. 6

7 Remortgages. Fixed 5 year fixed rate (fixed until 30 June 2023) 2.04% 2.19% 75% to 80% 2.29% 80% to 85% 2.39% 85% to 90% 2.69% Early repayment charge Loan size (inc all s) APRC % EE EI EM EQ 5,000 to 750, EU *Homeowner Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. ***Free standard legals are provided through TSB s nominated firms of conveyancer. costs may become payable for: - services such as change of name, transfer of equity, deed of postponement, any additional costs in relation to leasehold properties, acting in or discharging Help to Buy arrangements. This information must be given directly to the acting Conveyancer - Our nominated firms of conveyancers will not act for remortgages where additional funds are raised to simultaneously extend the lease or remortgages which involve acting in or discharging shared equity or shared ownership arrangements. 7

8 Remortgages. Fixed 10 year fixed rate with 5 year ERC (fixed until 30 June 2028) 10 year fixed rate product with only 5 year ERC's 2.89% 3.09% 75% to 85% 3.24% 85% to 90% 4.29% Early repayment charge Loan size (inc all s) APRC % 10 year fixed rate with 10 year ERC (fixed until 30 June 2028) 25,000 to 1 million EY FA FC 5,000 to 750, FE Early repayment charge Loan size (inc all s) APRC % 6% until 30/06/2023, then 2.59% 5% until 30/06/2024, then FG 4% until 30/06/2025, then 3% until 30/06/2026, then 2.69% 2% until 30/06/2027, then FI 1% until 30/06/2028 6% until 30/06/2023, then 2.79% 5% until 30/06/2024, then FK 4% until 30/06/2025, then 3% until 30/06/2026, then 2.89% 2% until 30/06/2027, then FM 1% until 30/06/2028 *Homeowner Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. ***Free standard legals are provided through TSB s nominated firms of conveyancer. costs may become payable for: - services such as change of name, transfer of equity, deed of postponement, any additional costs in relation to leasehold properties, acting in or discharging Help to Buy arrangements. This information must be given directly to the acting Conveyancer - Our nominated firms of conveyancers will not act for remortgages where additional funds are raised to simultaneously extend the lease or remortgages which involve acting in or discharging shared equity or shared ownership arrangements. 8

9 Shared ownership. Shared Ownership is available for properties in England & Wales Home Mover/First Time Buyer and Remortgage products available Must complete by 30 November 2018 First Time Buyer and Homemover rate 2 year fixed rate (fixed until 30 June 2020) If is applicable this will be paid to the customer via their solicitor, on completion Early repayment charge Loan size (inc all s) APRC % Up to 75% 1.69% FO 2.04% FQ 75% to 80% 1.79% FS 2.09% FU 80% to 90% 2.54% FW 5,000 to 750, % FY Remortgage (own Conveyancer) 2 year fixed rate (fixed until 30 June 2020) If is applicable this will be paid to the customer via their solicitor, on completion Free valuation** Early repayment charge Loan size (inc all s) APRC % 75% to 85% 1.84% GA 2.29% GC 1.94% GE 2.44% GG 2.09% GI 2.59% GK *Homeowner Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. 9

10 Shared equity. Shared Equity & Help to Buy is available for properties in England, Wales & Scotland Home Mover/First Time Buyer and Remortgage products available Must complete by 30 November 2018 First Time Buyer and Homemover rate 2 year fixed rate (fixed until 30 June 2020) If is applicable this will be paid to the customer via their solicitor, on completion Early repayment charge Loan size (inc all s) APRC % Up to 75% 1.69% GM 2.04% GO 75% to 80% 1.79% GQ 2.09% GS 80% to 90% 2.54% GU 5,000 to 750, % GW Remortgage (own Conveyancer) 2 year fixed rate (fixed until 30 June 2020) If is applicable this will be paid to the customer via their solicitor, on completion Free valuation** Early repayment charge Loan size (inc all s) APRC % 75% to 85% 1.84% GY 2.29% HA 1.94% HC 2.44% HE 2.09% HG 2.59% HI *Homeowner Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. 10

11 Buy-to-Let. 2, 3 and 5 year home mover rates Available up to 75% LTV Max loan size 500k Must complete by 31 August 2018 If is applicable this will be paid to the customer via their solicitor, on completion Fixed - Homemover 2 year fixed rate (fixed until 31 May 2020) Early repayment charge Loan size (inc all s) APRC % 1.39% 1, MW BVR*, 2% until 31/05/2019, then 1.79% 25,005 to 500, MY 1% until 31/05/ % NA 1.79% 1, NC BVR*, 2% until 31/05/2019, then 2.04% 25,005 to 500, NE 1% until 31/05/ % NG 3 year fixed rate (fixed until 31 May 2021) Early repayment charge Loan size (inc all s) APRC % 2.09% 1, NI 2.29% 3% until 31/05/2019, then BVR*, 2% until 31/05/2020, then 1% until 31/05/ ,005 to 500, NK 2.49% NM 2.54% 1, NO 2.74% 3% until 31/05/2019, then BVR*, 2% until 31/05/2020, then 1% until 31/05/ ,005 to 500, NQ 2.94% NS 5 year fixed rate (fixed until 31 May 2023) Early repayment charge Loan size (inc all s) APRC % 2.44% 1,995 5% until 31/05/2019, then NU 4% until 31/05/2020, then BVR*, 2.69% 3% until 31/05/2021, then 25,005 to 500, NW 2% until 31/05/2022, then 2.89% 1% until 31/05/ NY 2.89% 1,995 5% until 31/05/2019, then OA 4% until 31/05/2020, then BVR*, 2.99% 3% until 31/05/2021, then 25,005 to 500, OC 2% until 31/05/2022, then 3.19% 1% until 31/05/ OE *Buy-to-Let Variable Rate, 11

12 Buy-to-Let. 2, 3 and 5 year remortgage rates, available up to 75% LTV Max loan size 500k Free valuation** and free standard legals*** Must complete by 31 August 2018 If is applicable this will be paid to the customer via their solicitor, on completion Fixed - Remortgage 2 year fixed rate (fixed until 31 May 2020) Early repayment charge Loan size (inc all s) APRC % 1.54% 1, OG BVR*, 2% until 31/05/2019, then 1.84% 25,005 to 500, OI 1% until 31/05/ % OK 1.84% 1, OM BVR*, 2% until 31/05/2019, then 2.09% 25,005 to 500, OO 1% until 31/05/ % OQ 3 year fixed rate (fixed until 31 May 2021) Early repayment charge Loan size (inc all s) APRC % 2.14% 1, OS BVR*, 3% until 31/05/2019, then 2.34% 2% until 31/05/2020, then 25,005 to 500, OU 1% until 31/05/ % OW 2.59% 1, OY BVR*, 3% until 31/05/2019, then 2.79% 2% until 31/05/2020, then 25,005 to 500, PA 1% until 31/05/ % PC 5 year fixed rate (fixed until 31 May 2023) Early repayment charge Loan size (inc all s) APRC % 2.49% 1,995 5% until 31/05/2019, then PE BVR*, 4% until 31/05/2020, then 2.74% 3% until 31/05/2021, then 25,005 to 500, PG 2% until 31/05/2022, then 2.89% 1% until 31/05/ PI 2.94% 1,995 5% until 31/05/2019, then PK BVR*, 4% until 31/05/2020, then 3.04% 3% until 31/05/2021, then 25,005 to 500, PM 2% until 31/05/2022, then 3.19% 1% until 31/05/ PO *Buy-to-Let Variable Rate, **Free valuations are available for all loans up to 1m - over this amount please contact your BDM. ***Free standard legals are provided through TSB s nominated firms of conveyancer. costs may become payable for: - services such as change of name, transfer of equity, deed of postponement, any additional costs in relation to leasehold properties, acting in or discharging Help to Buy arrangements. This information must be given directly to the acting Conveyancer - Our nominated firms of conveyancers will not act for remortgages where additional funds are raised to simultaneously extend the lease or remortgages which involve acting in or discharging shared equity or shared ownership arrangements. 12

13 Pro Valuation s. Mortgage valuations s for movers and first time buyers. Property valuer greater than Property value less than or equal to 25,000 25,000 50,000 50, , , , , , ,000,000, , , , , , , , , , , , ,000 1,000,000 1,000,000 1,250,000 1,250,000 1,500,000 1,500,000 1,750,000 1,750,000 2,000,000 Charge (inclusive of VAT) Basic Valuation Homebuyers Valuation Building Survey , , , , ,033 1, ,116 1, ,116 2, ,116 2, ,116 2,500 If you'd like to discuss a case Contact Call Click your Business Development Manager intermediary.tsb.co.uk TSB Intermediary line is open Monday to Friday 9am to 5pm. Calls may be monitored or recorded. TSB Bank plc. Registered Office: Henry Duncan House, 120 George Street, Edinburgh, EH2 4LH. Registered in Scotland no. SC Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number TSB Bank plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. 13