Virgin Money launches BTL exclusives

From tomorrow, Virgin Money is introducing a new range of intermediary buy-to-let exclusives and reducing selected core rates.

Related topics:  Mortgages
Rozi Jones
14th January 2016
virgin money

The intermediary exclusives will be available through intermediaries registered with Virgin Money.

Key changes to the intermediary exclusive BTL range include:

- New two-year fixed rate at 50% LTV at 2.02% (remortgage only, £1,995 product fee, £500 cashback)
- New five-year fixed rate at 50% LTV at 3.09% (remortgage only, £1,995 product fee, £500 cashback)
- New two-year fixed rate at 60% LTV at 2.39% (£995 product fee, £500 cashback)

Key changes to the core buy-to-let product range include a two-year fixed rate at 75% LTV reduced to 2.54%, and a two-year tracker at 60% LTV reduced to 2.09% (£995 product fee, £500 cashback).

Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said:

“We continue to play our part in a healthy and vibrant mortgage market. We have begun 2016 with improvements across our mortgage range and these new
Buy-to-let products offer landlords competitive rates, particularly for those with low-LTVs.”

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