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FOR THE USE OF MORTGAGE INTERMEDIARIES & OTHER PROFESSIONALS ONLY
Let to buy
Where the applicant is to rent out their existing property and purchase a new residential property with TSB, we can lend up to the maximum LTV for house purchases as set out in the LTV section.
The existing property must be keyed into the 'Existing mortgages' screen. Selecting 'Yes' to 'Is the property let?', this will allow you to enter monthly rental income. If confirmation is required we would request a letter from the letting agent confirming the expected rental income.