Santander and TSB kick off mortgage rate cuts after Iran turmoil

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Santander and TSB have kicked off the mortgage rate cutting cycle after lenders pulled deals and hiked their rates amidst the turmoil in Iran.

From Thursday, Santander said it would be lower the price on higher loan-to-value (LTV) mortgages products by near 0.3 per cent, which includes its two-year fixed, first-time buyer products.

Meanwhile, TSB said it https://www.cityam.com/santander-and-tsb-kick-off-mortgage-rate-cuts-after-iran-turmoil/">[...]