Compare Mortgage Rates from TSB Against the Market starting at 4.44%

About TSB

TSB is a retail and commercial bank with a history stretching back 200 years. Today, they operate a network of over 220 branches and offer products and services including current accounts, savings accounts, insurance and credit cards, as well as mortgages. TSB were bought by Santander in 2026.

You can compare the latest rates from this lender against more than 90 others by using our free mortgage sourcing tool below:

What type of mortgages do TSB offer?

TSB offer a range of mortgages aimed at the following types of customer:

• First-time buyers
• Buy-to-let landlords
• Homemovers
• Remortgaging homeowners
• Green mortgages

There are exclusive products available for existing customers, people who are purchasing a green property or making eco-friendly home improvements which tend to offer incentives such as cashback. They also accomodate those who are applying through a government scheme, such as Shared Ownership or Right to Buy.

Their range features 2, 3 and 5-year fixed rate mortgages as well as 2-year trackers. There are also 10-year fixes for product transfer and additional borrowing customers.

Interest-only mortgages

TSB offer interest-only as a repayment option as long as the borrower can evidence an acceptable repayment vehicle during the application process.

Repayment vehicles they will approve include: 

• Investment ISAs
• Unit Trusts or an OEIC
• Investment bonds
• Stocks and shares

Borrowers can use a combination of different repayment vehicles if they have investments that are spread around, or would struggle to settle the debt with just one.

Typical lending criteria

The lending criteria for a residential mortgage from TSB is as follows:

TSB operates as a mainstream high-street lender using automated credit scoring, offering competitive options for prime borrowers while maintaining conservative boundaries for complex scenarios. Eligibility guidelines across their residential and investment ranges generally reflect the following:

• Applicant Age Limits: Typically enforces standard high-street age caps, requiring residential mortgage terms to complete by age 75 (or intended retirement age) and Buy-to-Let facilities to end by age 80.

• Income & Affordability Assessment: Generously caps standard residential borrowing at 4.5x gross annual income, while offering enhanced income multiples up to 5.5x for higher earners; accepts regular overtime, secondary income, and up to 50% of annual bonuses averaged over two years.

• Self-Employed & Contractor Requirements: Generally expects at least 2 full years of verified trading history, evaluating salary plus drawn dividends for limited company directors or net profit averages for sole traders, with dedicated hubs for day-rate IT and professional contractors.

• Adverse Credit Tolerance: Operates automated credit scoring and maintains a conservative high-street stance, expecting a clean background credit profile and typically declining applicants with significant defaults, CCJs, or arrears within the last 6 years.

• Property & Usage Guidelines: Broad appetite for mainstream UK residential property, accommodating low-deposit buyers up to 95% LTV on pre-owned and new-build houses, while applying stricter LTV caps to flats, non-standard construction, or higher-risk property types.

What mortgage rates are available?

TSB’s mortgage rates are generally competative with other high street banks and lower than that of specialist lenders, but the quality of the deal you are offered will depend on your LTV, the strength of your application and the type of product you choose.

How much will TSB let you borrow?

TSB cap their maximum mortgage lending at between 4.25 times annual income and 4.75 times annual income. Their maximum loan amount for a residential mortgage is £1 million.

Does TSB have good reviews for its mortgage services?

TSB Bank holds a strong position as a core high-street mortgage provider, receiving consistent feedback across major consumer review portals and broker networks:

• What Borrowers Praise: Customers and brokers frequently highlight TSB’s accessible high Loan-to-Value (LTV) options, offering up to 95% LTV for first-time buyers and home movers. Higher earners value TSB’s enhanced income multiples - which reach up to 5.5x gross annual income for individual or joint earnings over £100,000. Borrowers remortgaging also praise the financial incentives, including free standard property valuations and a choice between £300 cashback or free standard legal work.

• Common Grievances: Criticisms primarily focus on interest rate positioning and administrative wait times. TSB’s interest rates typically sit in the middle of the mainstream market rather than leading best-buy tables. Additionally, borrowers report mixed experiences with telephone customer support, citing long call hold times during market peak periods, while applicants with adverse credit history note that TSB’s strict automated scoring rules lead to quick rejections.

Pros and cons

The table below highlights the main advantages and disadvantages of TSB as a mortgage lender to give you an idea of whether they are right for you:

Broker Analysis

Get independent advice about TSB mortgages

There are brokers on our team who have a working relationship with TSB. They know their product range well and can compare them with every competitor across the market on your behalf to help you decide whether they are the perfect fit for you.

Here are just some of the reasons you should use us for your mortgage comparison needs:

• Our mortgage brokers are whole-of-market
• They often have access to exclusive rates and deals
• We are 5-star rated on leading review websites
• Your first consultation is FREE

Ready to see how TSB's latest rates compare to deals from across the and speak to one of our brokers about their products? Get started here.