The fixed-rate products offers loans up to £750,000 at a maximum of 70% LTV, on terms from one to 24 months with no exit fees.
Rates start from:
- 0.90% at up to 60% LTV
- 0.95% at maximum 65% LTV
- 1% at up to 70% LTV
While the focus of the reworked range is residential properties, TAB says it will consider loans secured against commercial properties.
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Duncan Kreeger, CEO and founder of TAB (pictured above), said: “With the base rate shifting last spring, we had to find a balance between supporting our borrowers and supporting our business — the solution was to introduce tracker rates.
“However, we are an innovative lender and we are always looking to improve and push ourselves to do better.
“As the market stabilises, we wanted to provide more options for our customers, and reintroducing fixed rates to complement our tracker products was one of them.
“Some things aren’t changing; the service will remain as efficient as with our variable rate products and we continue to be flexible and consider projects that traditional lenders may not.
“Our goal is to continue helping borrowers unlock the capital they need for projects such as the purchase of investment properties, breaking chains, capital raises, the completion of refurbishment and refinancing.”
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