TSB triples cashback and cuts BTL rates

TSB has tripled the cashback it offers to some homemovers from £250 to £750, matching the existing cashback offer of £750 available to selected first-time-buyers.

Related topics:  Mortgages
Rozi Jones
23rd December 2016
tsb

Homemovers and first-time-buyers with an 85-95% LTV can gain from the cashback offer and access rates from 2.29% with a £995 product fee or 2.69% with no product fee for a two-year fixed rate mortgage.

TSB has also expanded its three-year fixed rate mortgage range offering £750 cashback to selected first-time-buyers and homemovers with rates from 2.39% with a £995 product fee.

The Bank has also cut rates across all its buy-to-let products by 10%.

Roland McCormack, TSB Mortgage Distribution Director, said: “It’s great to know that we will be heading in to the New Year on the side of all borrowers and brokers by offering a great range of products and outstanding service throughout the festive period. In January, we will be celebrating our two year anniversary at TSB Intermediary, we have exciting plans ahead and today’s changes will help brokers get off to a great start in 2017 with TSB.”

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