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TSB cuts rates on selected BTL products


TSB

TSB has reduced interest rates on selected buy-to-let products by up to 0.25%.

The challenger bank has cut rates on its buy-to-let home mover and buy-to-let remortgage products as it looks to help people borrow. 

Rate reduction across TSB’s buy-to-let mortgage range include:

•    Two-year fixed rates for home movers and remortgage borrowers – rates reduced by 0.2-0.25%
•    Three-year fixed rates for home movers and remortgage borrowers – rates reduced by 0.1-0.15% (excluding the no fee 0-60% LTV product)
•    Five-year fixed rates for home movers and remortgage borrowers – rates reduced by 0.15-0.25%
•    Two-year tracker rates for home movers and remortgage borrowers – rates reduced by 0.2-0.25%

“TSB helped over 14,000 people with their mortgages in the first three months of 2017 and provided £2.2bn of new mortgage loans,” said Roland McCormack, mortgage distribution director at TSB.

“We are committed to helping people borrow well and these rate cuts across the LTV ranges are an example of us doing exactly that.”





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