High street lender TSB is lowering select buy-to-let (BTL), product transfer and additional borrowing rates and adding BTL products.
The TSB changes will come into effect on 28 March.
Within its BTL range, the lender is introducing two- and five-year fixed house purchase rates at 75% and 80% loan to value (LTV).
The firm is lowering select BTL rates by up to 0.2%. This includes its two-year fixed house purchase products up to 75% LTV by around 0.15%, two-year fixed remortgage deals up to 75% LTV by up to 0.1%, and two- and five-year fixed remortgages between 75% and 80% LTV by around 0.2%.
On the product transfer side, TSB is lowering two-year fixed BTL rates with no fee up to 75% LTV by 0.1% and two- and five-year fixed BTL rates at 75-80% LTV by up to 0.2%.
Within additional borrowing, two-year BTL fixed rates up to 75% LTV will fall by up to 0.1%.
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