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TODAY'S OTHER NEWS

TSB cuts rates across its buy-to-let and residential mortgage ranges

TSB has made changes across its buy-to-let and residential mortgage range.

Within the buy-to-let range, a new 10-year fixed (With 10-year ERC) product has been launched in the house purchase and remortgage ranges.

Meanwhile, the 60% loan-to-value (LTV) five-year fix has been reduced from 2.04% to 1.79%, and the 75% LTV 5-year fix has been cut from 2.29% to 2.09%. Both products include a £1,995 fee.

Furthermore, the lender has introduced a series of products including a 75% LTV five-year fix at 3.34%, and a 75% LTV 10-year fix at 3.34% for remortgage only.

Beverley Bradford, head of intermediary mortgages, TSB, said: “We’ve made a number of changes across our buy-to-let and residential mortgage range with the sole purpose of helping more people borrow well.

“We continue to offer some of the most competitive rates on the market and we want to ensure we offer products that suit our customer’s needs.

“These changes, as well as the introduction of our new 10-year fixed buy to let mortgages, should go some way to offering peace of mind to those looking to fix their monthly payments for any length of time that suit their lifestyle.”

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