TSB reduces BTL mortgage rate | Product News - Moneyfacts

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TSB reduces BTL mortgage rate

TSB reduces BTL mortgage rate

Category: Buy To Let
Date: 16/09/2016

TSB has reduced its already competitive three-year fixed buy-to-let (BTL) mortgage rate by 0.20%. This has secured this attractive deal its second place spot in the Best Buy chart of its sector.

The basics…

This mortgage now boasts a rate of 2.54% at 60% loan-to-value (LTV), fixed to 30.11.2019. It comes with a fee of £1,260.

The finer details…

The deal is offered to landlords looking to purchase or remortgage a rental property, as long as they have the necessary deposit. It comes with an incentive package including £250 cashback for all, while remortgagors benefit from free valuation fees and free legal fees too. It also comes with the option for all borrowers to make overpayments.

Why we like it…

The decreased rate on this BTL deal, along with its benefits, further secures its position near the top of the chart, offering a highly competitive choice for landlords looking to expand their portfolio.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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