TSB announce reductions on selected BTL products

TSB has announced that it has reduced interest rates by up to 0.25% across selected buy to let home mover and buy to let remortgage products.

Related topics:  Finance
Warren Lewis
4th May 2017
TSB 2


According to the lender, rate reductions in the buy to let mortgage range include two-year fixed rates for home movers and remortgage borrowers – rates reduced by 0.20%-0.25%, three-year fixed rates for home movers and remortgage borrowers – rates reduced by 0.10%-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% and two-year tracker rates for home movers and remortgage borrowers – rates reduced by 0.20%-0.25%.

Roland McCormack, Mortgage Distribution Director, said: “TSB helped over 14,000 people with their mortgages in the first three months of 2017 and provided £2.2 billion of new mortgage loans.

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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