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Buy to Let

TSB expands choice for landlords

Adam Williams
Written By:
Adam Williams
Posted:
Updated:
10/07/2015

TSB has grown its range of buy-to-let mortgages, offering a bigger range of products to landlords.

The lender has expanded its range by launching a new three-year fixed rate remortgage deals for landlords, as well as new purchase products.

The products are currently only on offer through mortgage brokers. This follows TSB’s buy-to-let launch earlier this year.

At 60% loan-to-value a three-year fix for remortgage customers is available at 3.04% with a £1,995 fee. Other options include lower or no fees including 3.24% with a £995 fee and 3.44% with no fee.

For landlords with a 30% deposit, three-year fixes are 3.84% with a £1,995 fee, 4.04% with a £995 fee and 4.24% with no fee.

Additionally, TSB has unveiled three 60% LTV two-year fixes for buy-to-let loans. These are 2.24% with a £1,999 fee, 2.64% with a £995 fee and 3.04% with no fee.

Roland McCormack, TSB intermediary director, said: “I’m delighted to announce that we are rolling out the next stage of our buy-to-let offer.

“With every milestone we reach, more brokers are able to benefit from our expert-to-expert service, making it easier for landlords wanting to take out a TSB mortgage.”

In order to attract landlords with smaller property portfolios TSB has introduced a minimum income requirement of £25,000 a year for buy-to-let applications.


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