The lender has also cut its 2-year fix by 0.25% to 2.34% with a £1,995 product fee, while its 5-year fix has been reduced by 0.25% to stand at 3.14% with a £1,995 fee..
TSB has introduced £250 cashback across all of its buy-to-let products to be paid on completion of the mortgage.
The lender has also cut its 2-year fix by 0.25% to 2.34% with a £1,995 product fee, while its 5-year fix has been reduced by 0.25% to stand at 3.14% with a £1,995 fee..
Roland McCormack, mortgage distribution director at TSB, said: “We have been thinking for some time how we can further help landlords borrow well, and today’s announcement does exactly that.
“Not only are we reducing rates, maintaining TSB’s competitive position in the market, but we are also bucking the trend by introducing £250 cashback across our buy-to-let range.”
