TSB introduces £250 buy-to-let cashback

Mortgage Introducer

June 30, 2016

TSB

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.

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“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.”