TSB launches buy to let range through brokers
TSB has today announced the launch of its buy to let mortgages through brokers.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Initially, five year deals will be available with further Buy to Let deals being added in the coming weeks. This is the latest development for TSB Intermediary which launched in January this year and follows the launch of remortgage products in March.
Unlike some other big players in the market, both TSB Buy to Let and homeowner mortgages will operate under one brand. This means brokers will contact the same team and the same BDM they already have relationships with, follow the same processes they are accustomed to and benefit from the same great service they are already used to.
The five-year deals will be available up to 75% LTV, with a maximum of four applicants and a max loan size of £500,000.
Roland McCormack, TSB’s Mortgage Intermediary Director, says:
“This is the latest milestone in the growth of TSB Intermediary. Brokers have been asking when we’ll offer Buy to Let mortgages for some time now and we’re pleased to be able to fulfill that demand.
“Our bespoke approach to service is already proving popular which is why we want to ensure all of our mortgages are under one brand and one team so brokers can contact the same BDM and benefit from the same great service they have already come to expect from TSB.”
This launch follows a successful Buy to Let pilot with leading fee free broker London and Country.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn