TSB offers buy to let mortgages through Deal Direct

With immediate effect TSB buy to let deals are now available through the broker channel.

First to be made available are 5 year fixed rate products, the lender advises that further deals will be made available in the coming weeks.

Rates start at 3.49% for 60% LTV and 4.19% for 75% LTV, the maximum term allowed is 40 years and the maximum advance is £500,000.

Age requirements also apply, the minimum age at which you can apply is 25 years and the maximum age at the end of term is 75 years.

There is however no minimum income requirement but rent must be 125% of the monthly repayments.

With rates at an all-time low you may be considering property investment.

However be aware that if you are looking to remortgage to invest in property you are advised to act without delay before new EU mortgage rules are introduced.

Changes that are due to come into effect may make remortgaging more difficult.

If you are looking to remortgage an existing property to fund a buy to let contact us at Deal Direct for a quote.

Our advisers are here to help. We can search the entire market on your behalf to find you a remortgage offer to release capital to fund an investment property. At the same time we can source a competitive buy to let mortgage.

We are fully qualified mortgage advisers with years of experience working with UK lenders.

We can offer you mortgage advice as to which deal would be best suited to your needs, however we are not regulated to offer you financial advice as to suitability of buy to let as an investment. For financial advice you need to contact a qualified independent financial adviser

Note: not all buy to let mortgages are regulated by the FCA.

For mortgage advice and a whole of market mortgage search,

call us on 0800 048 8828.