Sharon Van Loenen

Solutions for clients that have adverse credit

With effect from close of business today the following 5 year Residential Special products will be withdrawn.

Launching their HMO product in 2021 was part of expanding their range of buy to let products to support experienced landlords.

Important news from TSB: Changes to Residential and Buy to Let products

They have reduced their rates and removed several premiums to be more competitive in this challenging economic environment. They have also simplified their pricing and LTV process to ensure a smooth journey for their customers.

As the UK assess the costs for the damage caused following the recent storms (Dudley, Eunice and Franklin). Paymentshield have explored their past data that shows the average pay-out for a storm damage home insurance claim has almost doubled in the past five years.

If your customer has a less than perfect credit profile, they may still be eligible for a product from their Core Range – subject to application score and full assessment.

They wanted to let you know more about their new Key Worker proposition that they’ve recently launched on their Residential range.

TSB is increasing the maximum loan available on 90% to 95% LTV residential mortgages from £500,000 to £570,000.