TSB reduces buy-to-let rates

The lender’s 3-year fixes include a rate of 2.39% to 60% LTV and 2.89% to 75% LTV with a £1,995 fee, while with no fee they stand at 2.89% to 60% LTV and 3.39% to 75% LTV.

TSB has reduced its buy-to-let rates by up to 0.40% – with the lowest rate being a 2-year fix at 2.09% with a £1,995 product fee for buyers and remortgagors up to 60% loan-to-value.

The lender’s 3-year fixes include a rate of 2.39% to 60% LTV and 2.89% to 75% LTV with a £1,995 fee, while with no fee they stand at 2.89% to 60% LTV and 3.39% to 75% LTV.

Its 5-year fixes include a rate of 2.89% to 60% LTV and 3.34% to 75% LTV with a £1,995 fee, or 3.44% to 60% LTV and 3.64% to 75% LTV with no fee.

Buyers can claim £250 cashback across all of TSB’s buy-to-let product range.