TSB Intermediary unveils initial BTL offering

Published on

TSB Intermediary is now providing buy-to-let mortgages. 

This launch follows a pilot with London and Country.

Initially, five year deals will be available with further buy-to-let deals being added in the coming weeks.  This is the latest development for TSB Intermediary which launched in January this year and follows the launch of remortgage products in March.

Both TSB buy-to-let and homeowner mortgages will operate under one brand.  This means brokers will contact the same team and the same BDM they already have relationships with, as well as following the same processes they are used to.

The buy-to-let deals are available up to 75% LTV, with a maximum loan size of £500,000 and a maximum of four applicants.

Roland McCormack, TSB’s mortgage intermediary director, said: “This is the latest milestone in the growth of TSB Intermediary.  Brokers have been asking when we’ll offer buy-to-let mortgages for some time now and we’re pleased to be able to fulfill that demand.

“Our bespoke approach to service is already proving popular which is why we want to ensure all of our mortgages are under one brand and one team so brokers can contact the same BDM and benefit from the same great service they have already come to expect from TSB.”

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

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...

IMLA guide explains why fixed mortgage rates can rise before Bank Rate moves

IMLA has published a report and five-minute guide to help advisers explain how swap...

Precise cuts residential mortgage rates by up to 35bps

Precise has reduced rates across its residential mortgage range by up to 35bps. The specialist...

Latest publication

Other news

TAB promotes Bonner to chief risk officer

Specialist lender TAB has appointed Jack Bonner as chief risk officer as it continues...

Skipton BS lowers residential rates

Skipton Building Society is reducing rates across parts of its residential mortgage range from...

AMI refreshes brand to reflect advice, mortgages and insurance focus

The Association of Mortgage Intermediaries has launched a brand refresh intended to reflect its...