TSB launches 3-year BTL
The introduction of 3-year fixed rate mortgages for landlords looking to buy a new property is the bank’s latest step in building an intermediary service it hopes will “challenge the established players in the broker market”.
Roland McCormack, TSB’s mortgage intermediary director, said: “TSB Intermediary has been around for six months, and we are already seeing significant broker demand for TSB mortgages.
“Over the rest of the year we will continue to grow our business organically to meet that demand.”
TSB Intermediary now helps brokers provide mortgages to homebuyers, people looking to remortgage their current home as well as landlords.
It revealed plans to extend its buy-to-let broker panel later this year.