You are here: Home - Buy to Let - News -

TSB boosts buy-to-let range

Written by:
Mortgage lender TSB has extended its buy-to-let range to include products up to 75% loan-to-value.

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.



There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your Mortgage Guides

Your Mortgage Award Winners 2019-2020

Download our guide to the best mortgage lenders in the UK

Read More >

Read previous post:
Home insurance cheaper than a litre of milk

Building and contents insurance costs less than a litre of milk per day, the Association of British Insurers (ABI) has...