In a move that is set to accommodate first-time buyers and home movers, TSB reduced its fixed mortgage rates to enable them to ascend the property ladder. The changes, which were unveiled in July 2025, form part of a broader shake-up in residential, Buy to Let, and remortgage ranges.
Key Features: Fixed Rates for Home Purchases Reduced
TSB is especially cutting house purchase mortgages with deep reductions in fixed rates:
- First-Time Buyers and Home Movers 2-Year Fixed (0-90% LTV): Cut by up to 0.10%
- Buy to Let 2-Year Fixed House Purchase (0-75% LTV): Cut by up to 0.20%
- Buy to Let 5-Year Fixed House Purchase (0-60% LTV, £0 fee): Cut by 0.05%
- Buy to Let 5-Year Fixed House Purchase (60-75% LTV): Cut by 0.05%
These savings put TSB’s fixed-rate mortgage products on a par in a high-interest-rate environment. Whether you’re a first-time buyer or a seasoned property investor, these new rates provide an opportunity to fix savings over time.
Reductions in Other Mortgage Types
While all eyes are on purchase mortgages, TSB is also reducing other mortgage products:
- Residential Remortgages:
2 & 5-Year Fixed Remortgage rates cut by up to 0.20%
- Product Transfers:
2-Year Fixed (60-75% LTV) rates decreased by 0.15%
- Additional Borrowing:
2-Year Fixed (0-75% LTV) decreased by up to 0.15%
Product Withdrawals to Notice
TSB pulled its Buy to Let 60-75% LTV £1,995 fee house purchase and remortgage products off the market, cutting choice for landlords wishing to buy premium-fee packages.
What This Means for Buyers
For everyone who is seeking a TSB mortgage to buy a house, these rate decreases should be able to make a massive impact in the amount of monthly payments. Fixed rate mortgages deliver security and stability in uncertain markets, and TSB’s revised pricing makes it an even more attractive option for those planning to buy their next home in 2025. If you’re considering a first-time buyer or moving, it’s time to look at the updated mortgage offers from TSB again with a specialist mortgage adviser. Contact our team today at Oportfolio Mortgages to see how we can help.
