TSB Intermediary broadens its buy-to-let range

Published on

TSB has introduced buy-to-let remortgages over a three-year term, as well as launching two-year mortgages for landlords looking to buy a new property.

The widening of TSB Intermediary’s buy-to-let range follows TSB’s launch into the buy-to-let market in May.

TSB Intermediary now has a range of buy-to-let fixed rate mortgages across two, three and five year terms for landlords including fee free options. Free standard valuation and legal packages are also included for remortgages.

The bank is introducing a minimum income of £25,000 a year for buy-to-let applications. Self employed applicants will also need to have been trading for a minimum of one year.

To support brokers, all existing applications and agreements in principle will be honoured and allowed to proceed on the previous criteria.

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.”

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

Rents ease in parts of UK but affordability pressures persist

The North East remains the most affordable region in the UK for tenants with...

Peers warn new towns risk failure without clear vision

The Government’s flagship plan to create a new generation of towns across England risks...

Howden upgrades Cardiff office to support growth plans

Howden has announced its move to a larger office in Cardiff as it plans...

LMS expands National Property Transaction Network

LMS has announced a major expansion of its National Property Transaction Network (NPTN) as...

TRM confirms return of PMI Annual Summit & Gala

The Right Mortgage & Protection Network has confirmed the return of its flagship Private...

Latest publication

Other news

Rents ease in parts of UK but affordability pressures persist

The North East remains the most affordable region in the UK for tenants with...

Peers warn new towns risk failure without clear vision

The Government’s flagship plan to create a new generation of towns across England risks...

Howden upgrades Cardiff office to support growth plans

Howden has announced its move to a larger office in Cardiff as it plans...