Exposure limits

An individual or group of customers cannot have:

  • More than 1 main residence and 3 non main residence mortgaged properties with TSB. The non main residence properties include; Buy-to-Let, Second Homes, Existing Consent to Lease.
  • More than £2 million of non residential mortgages with TSB.
  • Landlords with more than 3 mortgaged Buy To Let properties, held in the customer personal name, limited company, or any other legal entity, either with TSB or other lenders are unacceptable.

Where a customer is a joint party to any mortgage loan(s) these, together with the exposure associated with them, will count towards these limits.

If the total TSB debt, including the application you are processing, is £500,000 or more, and the customer holds any other mortgage commitments (either with TSB or other lenders) that are to remain outstanding, the Property Portfolio form should be completed.