A new range of BTL mortgages are launched by TSB.
The TSB has refreshed its mortgage range with the addition of a new range of mortgages for buy-to-let landlords looking to remortgage property.
High equity levels are required to be accepted by the lender, the products available are for up to 75% LTV and up to 60% LTV.
The first deal is a 2 year fix with rates starting at 3.24%, and the second is a 2 year tracker with rates starting at 3.04%. If you would like to review the new products on offer with a comparison of the wider market, call us at Deal Direct.
With buy to let mortgage regulation tightening after April, it is expected that the demand for investment mortgages will increase over the next 2 months. Would-be landlords and existing investors are trying to get themselves a property, before stamp duty increases by 3%.
If you want to get on the investment property ladder before April and need a mortgage, call one of our advisers at Deal Direct. We have vast experience in the buy to let mortgage market and can source you a competitive quote.
We are fully regulated by the FCA to offer mortgage advice, however we are not regulated to offer more general financial advice. If you would like to find out if property would be a good investment, you will need to contact an independent financial adviser.
Please note that not all mortgage products are regulated by the FCA.
For mortgage advice and a low rate quote,
call us on 0800 048 8828.
