TSB cuts selected buy-to-let rates

Published on

TSB has cut interest rates by up to 25 basis points on selected buy-to-let home mover and buy-to-let remortgage deals.

On two-year fixed rates for home movers and remortgage borrowers, rates have been reduced by 20-25 basis points, while three-year deals have been cut by 10-15 basis points (excluding the no fee 0-60% LTV product).

In addition, five-year fixed rates for home movers and remortgage borrowers have been reduced by 15-25 basis points and two-year tracker rates by 25-25 basis points.

Roland McCormack, TSB’s 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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...

Beverley enhances SIPP income assessment

Beverley Building Society has introduced a tiered approach to assessing income from self-invested personal...

Commonhold and RTM: do not mistake control for simplicity

Commonhold is presented as a fairer form of flat ownership. Right to Manage (RTM)...

Latest publication

Other news

Bridging Soup launches major market research initiative

Bridging Soup has launched a new research initiative to build a clearer picture of...

Just one in seven homes records five years of growth

Fewer than one in seven UK homes increased in value during every year of...

Word On The Street arranges £108m of property finance in record year

Word On The Street arranged more than £108 million of property finance across 239...