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TSB launches 2-year tracker mortgages for landlords

by Vanya Damyanova
July 29, 2015
Santander launches further cuts for low-deposit mortgages
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TSB is extending its buy-to-let mortgage range and introducing new two-year tracker deals for landlords.

mortgage rates, house model, percentage sign, clock, calculatorRates on the new tracker mortgages start from 1.54 per cent above the Bank of England base rate for borrowers with 60 per cent loan-to-value (LTV). The fee is £1,995.

The tracker rate deal is available at higher LTV as well (up to 75 per cent).

TSB has also launched two-year fixed rate mortgages for landlords looking to buy a new property at up to 75 per cent LTV. The rates on the fixed deals start from 2.99 per cent.

This new offer complements the bank’s existing buy-to-let range, giving landlords with higher-LTV loans the option to choose between two-, three- and five-year fixed rate products.

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All offers are available through TSB’s broker arm, TSB Intermediary.

 

Tags: BTLbuy to letfixed rate mortgageslandlordstracker mortgages
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