The Vernon unveils new buy-to-let range

Published on

Vernon Intermediaries has launched a new range of buy-to-let mortgages.

The lender has launched mortgages to individual landlords, limited companies, portfolio landlords, those with holiday lets and HMOs, as well as consumer buy-to-let deals.

The new mortgages are available up to 70% LTV and include:

  • A three-year fixed rate holiday let mortgage at 3.69%, with an £899 fee
  • A three-year fixed rate for limited companies at 3.69% with a £1,899 fee
  • A three-year ERC-free discounted buy-to-let deal at 3.45% with a £995 fee.

The fixed rate products carry an additional £99 booking fee.

Tom Gurrie (pictured), intermediary sales manager at the Vernon, said: “We’re an experienced buy-to-let lender and these new competitive products will provide more landlords with specialist borrowing solutions.

“Feedback from our broker partners highlighted increasingly diverse borrowing needs in the buy-to-let sector. We’ve adapted our range to meet those needs, while retaining our flexible approach to lending.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Pure Retirement targets introducer growth with new adviser marketing tools

Pure Retirement has launched a suite of introducer-focused resources aimed at helping advisers expand...

Latest publication

Other news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...