TSB Bank has introduced a new two-year buy-to-let tracker product for remortgage and house purchase borrowers with no early repayment charge.
The lender has also made changes to its remortgage products within its residential range. Five-year fixed 0-60% LTV rates in the remortgage range have increased by 0.10 percentage points, while five-year fixed 60-75% LTV rates in the remortgage range increased by 0.05 percentage points.
TSB has also increased the minimum loan size from £5,000 to £25,000 for two, three, five and 10-year (with 10 year early repayment charge) fixed rate mortgages between 0-60% LTV with £0 product fee.
Nick Smith, TSB’s head of mortgages, said: “The buy-to-let market continues to play a significant role in the UK’s housing market. So, from today, we’re delighted to offer our new two-year product to further support landlords looking to remortgage or invest in a property.”
