TSB cuts selected buy-to-let rates

TSB has cut interest rates by up to 25 basis points on selected buy-to-let home mover and buy-to-let remortgage deals.

On two-year fixed rates for home movers and remortgage borrowers, rates have been reduced by 20-25 basis points, while three-year deals have been cut by 10-15 basis points (excluding the no fee 0-60% LTV product).

In addition, five-year fixed rates for home movers and remortgage borrowers have been reduced by 15-25 basis points and two-year tracker rates by 25-25 basis points.

Roland McCormack, TSB’s 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.”

Exit mobile version