29 July 2015

TSB Intermediary Extends Buy-to-Let Range

TSB has today, Wednesday 29 July, further extended its buy-to-let mortgage range to include two year fixed rate mortgages for landlords looking to buy a new property at 75% loan to value (LTV).

The Bank has also introduced two year tracker rate buy to let mortgages, available at a LTV ratio of up to 75 per cent. 

Landlords with higher LTV to benefit

Landlords with a LTV between 60-75 per cent can now take out a two year fixed rate TSB mortgage on a new property with rates starting at 2.99 per cent.

TSB now has a range of fixed rate buy-to-let mortgages available through brokers for landlords with a higher LTV looking for two, three or five year deals.

Two year tracker mortgages introduced

TSB is also introducing a range of two year tracker mortgages for landlords looking to benefit from the historically low Bank of England Base Rate*.  Rates start at 1.54 per cent above the base rate with a fee of £1,995 for landlords with 60% LTV.

Roland McCormack, TSB Intermediary Director , says:  "This is the latest step in our plan to offer a genuine alternative to the established intermediary lenders by providing brokers an expert-to-expert service that operates in all markets."  

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Notes to editors

  • *Bank of England Base Rate currently at 0.50 per cent.
  • Tables of rates and LTVs:  
 Buy-to-Let - Homebuyer
 Mortgage LTV (%) Fee Rate (%)
Two Year Fixed  60-75£1,995  2.99
 60-75£995 3.14 
 60-75£0 3.59 


Buy-to-Let - Homebuyer 
 MortgageLTV (%) Fee Rate (%) 
 Two Year Tracker0-60 £1,995 2.04 
0-60£995 2.44 
0-60£0 2.84 
60-75£1,995 2.79 
60-75£995 2.94 
60-75£0 3.39 


  • People can apply for TSB buy-to-let mortgages through a broker.
  • All mortgage products are subject to current lending criteria and affordability assessments.
  • Early Repayment Charges may apply during the fixed period.