The lender started offering its first buy-to-let deals last month and claims it will challenge the established players in the broker market. It said it has had “significant broker demand” for its five-year fixed rate buy-to-let deals.
Roland McCormack, TSB’s mortgage intermediary director, said: “Introducing the three-year fixed rate buy-to-let range is the next step in creating an intermediary service to challenge the traditional lenders. We are committed to doing so by providing brokers with an expert to expert service offering a competitive range of mortgages.
“TSB Intermediary has been around for six months, and we are already seeing significant broker demand for TSB mortgages. Over the rest of the year we will continue to organically grow our business to meet that demand.”
TSB Intermediary will further roll out its buy-to-let offering in the upcoming weeks and plans to expand to more mortgage advisers later in the year.
