2 June 2015

TSB Intermediary expands buy to let range

Introduces new three year fixed rate


From today, 2 June 2015, TSB Intermediary is expanding its Buy to Let mortgage range to include three year fixed rate mortgages, following last month's successful Buy to Let launch.

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."

TSB Intermediary now helps brokers provide mortgages to homebuyers, people looking to remortgage their current home as well as landlords.  It will further roll out its Buy to Let offering in the upcoming weeks and expand to more brokers later in the year.