TSB Announces Rate Increases on Select Product Transfer and Additional Borrowing Mortgages – October 2025 Update on TSB mortgage rates 2025

Important Rate Changes for TSB Mortgage Customers

TSB, a prominent UK mortgage lender, has announced a series of rate increases affecting select Product Transfer and Additional Borrowing products for existing customers. Effective from Friday, 3 October 2025, these changes in TSB mortgage rates for 2025 may impact homeowners considering remortgage, additional borrowing, or product transfer with TSB. Understanding these updates is crucial for those reviewing their mortgage options or exploring ways to manage their repayments.

Which TSB Mortgage Rates Are Changing?

TSB will implement the following changes to their existing customer mortgage range: TSB mortgage rates 2025 reflect these scheduled increases.

• Product Transfer Mortgages:
  • Residential 2 Year Fixed (0-60% LTV): Rate increasing by 0.05%
  • Residential 3 Year Fixed (0-75% LTV): Rate increasing by 0.05%
• Additional Borrowing Mortgages:
  • Residential 2 Year Fixed (0-60% LTV): Rate increasing by 0.05%
  • Residential 3 Year Fixed (0-75% LTV): Rate increasing by 0.05%

These increases represent a modest shift but could affect your monthly repayments going forward. The adjustments in TSB mortgage rates 2025 might have varying implications based on individual cases.

Who Is Affected by These Changes?

These rate increases primarily impact the following borrower groups:

• Existing TSB customers considering a product transfer (re-fixing their mortgage rate at term end).
• Homeowners seeking additional borrowing through TSB (e.g., for home improvements, debt consolidation, or other purposes).

The changes apply only to select fixed-rate deals and only within the listed loan-to-value (LTV) bands.

Key Information and Important Deadlines

• Customers have until Thursday, 2 October 2025 to submit applications for affected products at the previous rates.
• After this deadline, new applications will be subject to the increased rates.
• You can submit a product transfer application with TSB up to 3 months before your existing deal matures (early repayment charges may apply if you complete early).
• TSB enables digital signing of declarations for efficiency and convenience.

Why Consider a Product Transfer or Additional Borrowing with TSB?

Despite these increases, TSB remains a popular lender for several reasons:

• Competitive product transfer process: Often faster and more straightforward compared to remortgaging to a new lender.
• Flexible additional borrowing: Helps homeowners fund home improvements or consolidate debts under one monthly repayment.
• Strong digital support: Online tools and digital signatures simplify the application process.
• Transparent lending: Clear communication of product criteria and deadlines helps borrowers make informed decisions.

What Should Existing TSB Mortgage Holders Do?

If you’re currently considering a product transfer or additional borrowing, now is the time to review your options:

• Contact our expert mortgage advice team for a full review of your circumstances.
• Ask about the full range of TSB’s available products and compare these to other best-buy remortgage or transfer deals across the UK market.
• Take action before the application deadline if you wish to secure the lower, pre-increase rates.

Conclusion and Next Steps

Mortgage rates continue to fluctuate across the UK market. If you’re an existing TSB customer, the 2025 changes may impact your monthly repayments—so it’s wise to act quickly. Reach out to our team for personalised, whole-of-market mortgage advice and support with TSB product transfers, additional borrowing needs, or exploring your wider remortgage options.

Contact us today for a free consultation and ensure you don’t miss out on the best possible outcome for your mortgage with the latest TSB mortgage rates 2025.

FAQs: TSB Rate Changes October 2025

• Who qualifies for TSB’s product transfer and additional borrowing products?
  Existing TSB mortgage holders who wish to re-fix their rate or borrow extra are eligible, subject to TSB’s lending criteria and credit assessment.
• How will these rate changes affect my monthly repayments?
  A 0.05% rate increase may lead to slightly higher payments. Our advisers can provide a specific repayment estimate for your mortgage balance and term.
• Can I still get the lower rate if I act quickly?
  Yes, applications submitted before the end of 2 October 2025 can secure the current, lower rates for affected products.
• Does TSB offer flexible features for additional borrowing?
  Yes, TSB supports additional borrowing for purposes like home improvements and debt consolidation, subject to their lending policy and affordability checks.
• How do I apply or check if I qualify?
  Contact our expert mortgage team for a full assessment and support in submitting your application to TSB or exploring wider market options, considering the 2025 rate adjustments.