Buy-to-let product update: TSB ups rates and Selina Finance increases LTV
TSB has upped its buy-to-let stress rate to 5.5% across most of its products.
This applies for remortgages and fixed rates spanning at least five years.
Meanwhile digital lender Selina Finance has increased its maximum LTV for portfolio landlords for 75% LTV for those taking out a revolving credit facility against multiple properties.
Selina has also doubled its maximum loan term to 10 years.
The update comes courtesy of Knowledge Bank.