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TSB pulling two-year deals, Bank of Ireland relaunching BTL products ‒ round-up

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  • 24/10/2023
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TSB pulling two-year deals, Bank of Ireland relaunching BTL products ‒ round-up
TSB is pulling a host of two-year fixed rate deals off the shelf today.

TSB has confirmed that from 6pm tonight it will be withdrawing is range of two-year fixed products, available at up to 75 per cent loan-to-value, which come with a £995 fee.

The lender is pulling the products which are available for both house purchases and remortgages.

The products will be reintroduced, at the new price points, on Thursday 26 October. Applications for the products being withdrawn must be in by 6pm today.

Bank of Ireland buy-to-let changes

Elsewhere, Bank of Ireland is launching new and improved rates on both its standard and bespoke buy-to-let products from 9am Wednesday 25th October. 

As a result, the existing products will be withdrawn at the same time.

The new standard range includes two-year fixed rates at up to 60 per cent LTV for remortgage only beginning at 5.34 per cent with a £2,495 fee. For buy-to-let products at up to 75 per cent LTV, rates start at 5.49 per cent on two-year fixed rates or 5.29 per cent on five-year fixed rates.

Meanwhile the bespoke range has rates starting at 5.40 per cent for two-year fixes at up to 60 per cent LTV, or 5.32 per cent for five-year fixed rates at up to 75 per cent LTV.

If brokers want to secure a product that is being withdrawn, then they must ensure new applications are completed and submitted by 9am on Wednesday.

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