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TODAY'S OTHER NEWS

TSB adds to its BTL mortgage range

TSB has launched new buy-to-let remortgage products within its intermediary range, with rates now starting from 1.59%.

There are two-, three- and five-year products available, which offer either £300 cashback or free legal fees.

Two-year fixed rate deals start from 1.59%, available at up to 60% loan-to-value (LTV) and 1.84% up to 75% LTV.

Fee-free products are available at 2.29% at 60% LTV and 2.54% up to 75% LTV.

Three-year fixed rates start from 1.79% up to 60% LTV with a £1,995 fee or 2.29% fee-free.

Between 60% and 75% LTV rates start from 2.19%, increasing to 2.69% with no fee.

Meanwhile five-year remortgage rates start from 2.09% up to 60% LTV or 2.39% fee-free, and between 2.44% and 2.74% up to 75% LTV.

TSB has also cut selected existing buy-to-let products by 0.1%.

Nick Smith, TSB’s head of mortgages, said: “TSB is committed to helping customers to borrow well and the introduction of our new buy-to-let products with a £300 cashback offer or free legal fees is another step to helping landlords do just that.

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