Mortgage News
TSB Intermediary furthers buy-to-let mortgage offering
TSB has extended its buy-to-let range by introducing three year remortgages and two year mortgages for landlords seeking to buy a new property.
The extension to intermediaries adds to TSB’s recent offering of two, three and five year buy-to-let mortgages available for landlords with fee-free options. Free standard valuation and legal packages are also available on its remortgage deals.
Its decision to roll out more products through its intermediary channel comes as brokers have asked for a wider range of buy-to-let mortgages through the lender.
TSB has also introduced a minimum income of £25,000 for buy-to-let applications and will require self-employed applicants to have been trading for a minimum of one year to qualify.
Roland McCormack, TSB Intermediary director (pictured), 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.”
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