"Not only are we reducing rates, maintaining TSB’s competitive position in the market, but we are also bucking the trend by introducing £250 cashback across our Buy-to-Let range."
The £250 cashback will be paid to all landlords on completion of the mortgage, and is available on two, three and five-year fixed terms as well as a two-year tracker.
TSB has also cut rates across the majority of mortgages available to landlords.
Two-year fixed rates now start from 2.34% with a £1,995 product fee, whilst five-year fixes are available from 3.14%.
Roland McCormack, Mortgage Distribution Director at TSB, said: “We have been thinking for some time how we can further help landlords borrow well, and today’s announcement does exactly that. Not only are we reducing rates, maintaining TSB’s competitive position in the market, but we are also bucking the trend by introducing £250 cashback across our Buy-to-Let range.”