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TSB cuts B2L rates by up to 35bps

TSB store front 700 x 450
TSB is cutting rates by up to 35 basis points on its buy-to-let range and 30 basis points on its residential products.

The buy-to-let cuts will apply to the lender’s two-, three- and five-year terms, including the following:

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TSB’s residential rates will see cuts of up to 30bps.

The biggest reduction will be the lender’s homemover two-year fixed, where rates will drop from 4.09 per cent to 3.79 per cent for customers with an LTV of 90-95 per cent.

TSB is also introducing a new three-year fixed mortgage for homebuyers at 90-95 per cent LTV.

The mortgage has a fixed rate of 3.98 per cent with a fee of £995.

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