Virgin Money updates buy-to-let mortgage range
By |Published On: 31st March 2016|

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Virgin Money updates buy-to-let mortgage range

By |Published On: 31st March 2016|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Today has started with Virgin Money announcing rate cuts throughout its core residential and buy-to-let mortgage range.

In addition, the lender has also raised cashback on buy-to-let intermediary exclusives, from £500 to £750, but only for a limited period. However, cashback totalling £1,500 remains available on all buy-to-let Stamp Duty Buster products.

New range

Intermediary exclusive products are able to be taken out through all intermediaries registered with Virgin Money.

Some key changes to the buy-to-let product range include:

  • Three-year fixed rate at 75% LTV, available at 3.74%-£995 product fee, £500 cashback
  • Five-year fixed rate at 75% LTV, available at 3.69%-£1,995 product fee. £500 cashback
  • Five-year fixed rate at 75% LTV, available at 3.79%-£995 product fee, £500 cashback
Virgin Money updates buy-to-let mortgage range

Virgin Money updates buy-to-let mortgage range

Enhancements

Peter Rogerson, Commercial Director for Mortgages at Virgin Money, noted, ‘these latest enhancements to our mortgage range demonstrate our continuing support to both residential borrowers and landlords. We have recently been named as best buy-to-let provider in the Moneyfacts Business Awards and to celebrate this success we are reintroducing £750 cashback on buy-to-let intermediary exclusives for a limited period only.’[1]

[1] http://www.propertyreporter.co.uk/finance/btl-rates-upd4ted-at-virgin.html

 

 

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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