TSB boosts buy-to-let range
The lender, which launched into the buy-to-let sector earlier this year, will offer two-year fixes for landlords with a 25% deposit.
Products include a two-year fix at 2.99% with a £1,995 fee, at 3.14% with a £995 fee and a fee-free option at 3.59%.
TSB’s range of buy-to-let products are currently only available through mortgage brokers and not in its branch network.
The lender has also introduced a number of two-year tracker mortgages for landlords, with rates starting from 1.54% above base rate.
Roland McCormack, TSB intermediary director, said the lender was looking to make a mark on the buy-to-let sector.
“This is the latest step in our plan to offer a genuine alternative to the established intermediary lenders by providing brokers an expert-to-expert service that operates in all markets,” he said.
TSB launched as a standalone brand in autumn 2013 after being split from the rest of Lloyds Banking Group. It has since been purchased by Spanish banking group Sabadell.