mortgages

remortgaging
with us
could save
you money
 A wide range Our range gives you lots of great options, including fee-free
mortgages and fixed rate deals. These have a fixed monthly

of mortgages repayment, so you’ll know exactly where you stand financially.

We’ll also pay for your initial valuation, plus the standard legal
costs (excluding shared ownership and shared equity schemes),
when transferring your mortgage to us from another lender.

See how much We want to help you make the most of your money, so you can
spend it on the things that matter to you.

you could save Moving your mortgage to TSB could help you make valuable
savings if you’re currently on a standard variable rate (SVR)
or you’re about to come out of the fixed term period.
To give you an idea of the savings you could make, here is an
example based on one of our competitive 2-Year Fixed Rate deals.

Follow on saving 2 monthly monthly

Lender rate years saving cost 2yr cost
HSBC 4.29% £1,006 £42 £621.37 £14,912.88

LBG (Lloyds, Halifax & Bank of Scotland) 4.49% £1,264 £53 £632.11 £15,170.63

Nationwide 4.74% £1,589 £66 £645.68 £15,496.26

Natwest / Royal Bank of Scotland 4.49% £1,264 £53 £632.11 £15,170.63

Santander 4.50% £1,277 £53 £632.65 £15,183.59

Virgin 5.49% £2,589 £108 £687.32 £16,495.74

Barclays 4.74% £1,589 £66 £645.68 £15,496.26

Yorkshire BS (inc Accord) 4.99% £1,919 £80 £659.40 £15,825.68

TSB HVR 4.74% £1,589 £66 £645.68 £15,496.26

Coventry BS 4.89% £1,787 £74 £653.89 £15,693.46

Comparison Repayment calc Interest only calc For a repayment mortgage of

£100,000 over a 20 year term,
Initial Interest Rate 3.49% 3.49% you will make: * 24 monthly
repayments of £579.45 at 3.49%
Fee £0 £0 fixed until 31 August 2024. This
will be followed by a further: * 216
Homeowner Variable Rate (HVR) 4.74% 4.74%
monthly repayments of £639.71
Term remaining (Years) 20 20 a month at the TSB Homeowner
Variable Rate (HVR), currently
Total Current Mortgage Balance £100,000 £100,000 4.74% for the remainder of the
term.
Annual Percentage Rate (APR) 4.6% 4.6% The total amount payable would be
cost for comparison £152,084.16, made up of the loan
amount (£100,000) plus interest
Early Repayment Charges (ERC) "2% to 31/08/2023 then "2% to 31/08/2023 then (£52,084.16) plus product fee
1% to 31/08/2024" 1% to 31/08/2024" (£000).
The overall cost for comparison is
Total Monthly Mortgage Payment £579.45 £290.83 4.6% Annual Percentage Rate of
Charge (APRC). Your first monthly
2 year cost £13,906.80 £6,980.00
payment will be higher as it
Followed by monthly payments of £639.71 £395.00 includes interest from the date the
funds are released as well as the
Total Amount Payable £152,084.16 monthly repayment.

All figures correct as at 13 July 2022. Our mortgage products can change or be withdrawn at any time and
are subject to underwriting, product and lending criteria. For our most up to date rates, speak to one of our
Mortgage Advisers today.
 How we Representative example
calculated For a repayment mortgage of £100,000 over a 20 year term, you
will make:

the savings • 24 monthly repayments of £579.45 at 3.49% fixed until 31

August 2024.

• This will be followed by a further: * 216 monthly repayments of

£639.71 a month at the TSB Homeowner Variable Rate (HVR),
currently 4.74% for the remainder of the term.

• The total amount payable would be £152,084.16, made up of

the loan amount (£100,000) plus interest (£52,084.16) plus
product fee (£000).

The overall cost for comparison is 4.6% APRC Representative.

Your first monthly payment will be higher as it includes interest
from the date the funds are released as well as the monthly
repayment.

This shows your potential savings for the first 2-year period only.
Please note the savings quoted are for illustration purposes
only. They do not take into account any additional fees or
charges that may be payable when redeeming a mortgage from
an existing lender.

First-class Our Mortgage Advisers will be with you every step of the way,
from application to completion. They’ll review your current

customer deal and see if we could help to reduce your monthly payments.
Then you can save money to spend on the things that matter most.

service

Award-winning We’re pleased that our mortgages have won the Best Fixed
Rate Mortgage Lender award two years’ running, at the What

mortgages Mortgage Awards. Whether it’s our 2, 5 or 10-year fixed rate

mortgages, or our Fix and Flex mortgages, we’ll find the right one
for your needs.

Best Fixed Rate

Mortgage Lender
 Get in touch Call
0800 056 1088 to speak to a Mortgage Adviser
Lines are open 8am–8pm Monday to Friday and 9am–2pm
on Saturdays.

Click
tsb.co.uk/mortgages

Visit
any TSB branch, or book an appointment on 03459 758 758
Lines are open 8am–8pm Monday to Sunday.

Need some extra help to do your banking? This might be due to

physical or mental wellbeing or a life event. We’re here to support
you. Let us know what you need by calling 03459 758 758, chat to
us in the Mobile Banking App, or visit us in branch.
This information is available in large print, braille and audio. Ask in
branch or call us on 03459 758 758 (lines are open from 8am to
8pm, 7 days a week).
If you have a hearing or speech impairment you can call us using the National Relay UK service.
Type ‘18001’ before entering our telephone number. A member of the Royal National Institute
for Deaf People will join the call to speak with us as you send and receive text messages.
Please visit www.relayuk.bt.com to read how they manage your data.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Not all telephone banking services are available 24 hours, 7 days a week. Speak to a Partner for more
information. If you need to call us from abroad, or prefer not to use our 0345 number, you can also call
us on +44 203 284 1575. Calls may be monitored or recorded
Lending is subject to status and criteria. Must be aged 18+ & UK resident only.
TSB Bank plc. Registered Office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH.
Registered in Scotland No. SC95237. Authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation Authority. Registration no. 191240.

TSB10190 (07/22)