You are here: Home - News -

TSB cuts buy-to-let rates

  • 03/05/2017
  • 0
TSB cuts buy-to-let rates
TSB has cut rates on selected buy-to-let purchase and remortgage deals.

Rates on two-year fixes have been cut by between 0.20% and 0.25%, while rates on three-year deals have been reduced by 0.10%-0.15%. Five-year deals will see rates reduced by between 0.15% and 0.25%, while two-year trackers will see rates fall by up to 0.25%.

Roland McCormack, 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.”

The cuts follow a swathe of other rate reductions this week on buy-to-let deals by lenders including Paragon Mortgages and Investec.

There are 0 Comment(s)

Comments are closed.

You may also be interested in

  • RT @OTJournalist: Eastgate to join Shawbrook as MD of commercial mortgages operation. He's spent more than six years at OSB.…
  • RT @specialistsols: Buy to let remains an important sector, but has become increasingly specialist in recent years. What are the key comple…
  • RT @dontdelay: Very proud to receive this, and have something tangible to discuss with my children about giving blood. Thank you @GiveBlo

Read previous post:
Landlord's keys
Election puts landlord licensing scheme on hold

Landlords in cities currently considering mandatory licensing schemes could be given a reprieve until after the election as consultations are...