TSB introduces new 3-year BTL fix

The introduction of three year fixed rate mortgages, for landlords looking to buy a new property, is the Bank’s latest step in building an intermediary service which will challenge the established players in the broker market and follows significant broker demand for TSB’s five year fixed rate Buy to Let deals.

TSB Intermediary was born to bring competition to the market, and is doing so by providing an expert to expert service giving brokers access to the people they need, when they need them.

Roland McCormack, TSB’s Mortgage Intermediary Director, commented: 

“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.”