Home Residential PropertyBuy-To-Let TSB cuts buy-to-let rates by up to 0.25 per cent

TSB cuts buy-to-let rates by up to 0.25 per cent

by LLP Reporter
23rd Aug 19 12:29 pm

TSB has announced a series of changes to its residential and buy-to-let mortgage rates.

Selected buy-to-let fixed and tracker remortgage rates will be reduced by up to 0.25%.

On the lender’s residential range, selected two-year and five-year fixed rates between 90-95% LTV will see increases of up to 0.20%.

Five-year fixed rate house purchase products at 75-85% LTV and five-year remortgage rates between 60-80% LTV will see reductions of up to 5bps. Remortgage customers will also receive the option of £300 cashback or free legals.

Nick Smith, TSB’s head of mortgages said, “We’ve made a number of changes to our mortgage range with the sole purpose of helping more people borrow well, our changes are aimed at helping landlords as well as homeowners with both small and large deposits.”

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