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'Green Additional Borrowing': TSB debuts new green mortgage offering Jo Carnegie Share Banking giant launches specific new service designed to help homeowners fund green upgrade work TSB has this week launched a new Green Additional Borrowing mortgage product service, in a move designed to encourage a wider shift towards lower carbon and more energy efficient homes by offering more competitive rates for mortgage holders who undertake green home improvements.  Under the new initiative, existing TSB buy-to-let or residential mortgage customers can borrow £10,000 or more - up to an 85 per cent...

Nationwide chops rates by up to 0.45% By Gary Adams 12 th January 2021 3:03 pm Nationwide has made cuts to a host of its mortgages, including within its residential, remortgages, and switcher offerings. Standout changes in the first-time buyers and house purchases category comprise the 75 per cent LTV two-year fix being cut from 1.99 per cent to 1.59 per cent, the 75 per cent LTV two-year tracker receiving the same 40 basis point reduction to bring its rate to 1.69 per cent, and the 85 per cent LTV five-year fix being lowered from 3.24 per cent to 2.94 per cent. Al...

This product is also available at 3.49% with no fee. In addition, the lender has reduced products within its remortgage range by up to 0.45%. This includes the 85% LTV 5-year fix cut by 0.45% to 2.79%, with a £999 fee, or it is available at 2.99% without a fee. Rates on Nationwide’s Existing Customers Moving Home and Further Advances range will be reduced in line with those outlined above. Furthermore the society’s 2, 3, 5 and 10-year switcher products at 60% and 75% LTV will be reduced by up to 0.20% with rates starting from 1.09%. Nationwide will be reducing selected rates on its Green...