All our branches are now open. Health and safety remains our main priority, and in line with government’s advice, a number of strict measures have been put in place to protect our staff and customers

TSB removes mortgage application fees

TSB removes mortgage application fees

TSB has scrapped the mortgage application fee from all its products, including buy-to-let deals.

Aside from the removal of the mortgage application fee, which used to cost £265, TSB has also launched a range of new product fee-free three-year fixed-rate mortgages, including buy-to-to-let products, with rates starting from less than 2%.

Roland McCormack, mortgage intermediary director at TSB, said: "The removal of the mortgage application fee on all our products and the introduction of new product fee-free fixed rate mortgages is good news for borrowers.

"The changes we've made will help homeowners borrow well across the property ladder."

Last month, TSB cut its interest rates across a range of fixed and tracker rate mortgages for homebuyers, buy-to-let landlords and those seeking to remortgage, as competition between mortgage providers continues to hot up, with landlords now having access to some of the cheapest ever buy-to-let mortgages deals.

What's more, there has been a sharp rise in the volume of buy-to-let mortgage products available, with recent research by Mortgage Brain revealing that there are close to 1,900 mortgage deals on the market. 


Article courtesy of Landlord Today | Sign up for Landlord Today newsletter | Get this news on YOUR site!