TSB drops its buy to let mortgage rates.

If you are seeking a low-rate buy to let mortgage then the latest rate review released by the TSB could be of interest to you.

The bank has made the reductions to its fixed term range, where savings can be made on previous rates by up to 0.25%. As a landlord, fixing your monthly repayments for a period could help you to make the most of your rental properties by increasing profits. In these times of changing regulations and tougher affordability checks, the cut could be a welcome benefit for the property investor.

The TSB offers a range of options, some of which include a product fee and others not. It is extremely important, therefore, that you make a full comparison of the mortgages that fit your borrowing criteria to make certain you make the best possible choice.

Deal Direct can help save you much time and effort as our experienced advisors can do this for you. Comparing on a like for like basis means you can be sure you are getting the best value deal possible.

Please note that we are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact an independent financial adviser. 

In addition, buy to let mortgage applications from:

• applicants whose intention is to benefit from house price growth
• applicants whose intention is to benefit from rental income
• applicants who are letting to buy

will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.

For the best value buy to let mortgages in the UK today, contact Deal Direct.   

Call an advisor on 0800 048 8828.