Virgin Money unveils new BTL exclusives and cuts PT rates

Published on

Virgin Money has launched new buy-to-let exclusives.

It has also reduced the rates on select products.

The details are as follows:

Exclusives:

  • New 60% LTV buy-to-let five-year fixed rate with £2,195 fee has been launched at 4.67%.
  • New 60% LTV buy-to-let portfolio five-year fixed rate with £2,195 fee has been launched at 4.87%.
  • 75% LTV buy-to-let five-year fixed rate with £2,195 fee has been reduced by 0.05% to 4.72%.
  • 75% LTV buy-to-let portfolio five-year fixed rate with £2,195 fee has been reduced by 0.05% to 4.92%.
  • New 75% LTV £500k+ Fix and Switch Residential Remortgage rate with £1,495 fee has been launched at 5.24%.

Product Transfer:

  • Buy-to-let fixed rates have been reduced by 0.10%, starting from 4.51%.

The bank has also reduced the maximum loan size to £500k on its Fix and Switch Residential Remortgage 75% LTV with £1,495 fee at 5.14%.

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

Stamp duty deters half of over-65s from moving

Half of over-65s see stamp duty as a barrier to moving home, despite 58%...

Acre adds Comentis vulnerability checks to mortgage platform

Acre has integrated financial vulnerability assessments from Comentis into its mortgage platform to help...

First-time buyer and home mover demand holds up as mortgage applications fall

First-time buyers and home movers proved more resilient than remortgage borrowers during a weaker...

Specialist Hub appoints OMS to streamline client management

Specialist Hub has selected One Mortgage System (OMS) as its customer relationship management provider...

Brokers brace for possible interest rate rise as borrowers turn cautious

Nearly six in 10 Primis brokers expect the Bank of England to raise interest...

Latest publication

Other news

Stamp duty deters half of over-65s from moving

Half of over-65s see stamp duty as a barrier to moving home, despite 58%...

Acre adds Comentis vulnerability checks to mortgage platform

Acre has integrated financial vulnerability assessments from Comentis into its mortgage platform to help...

First-time buyer and home mover demand holds up as mortgage applications fall

First-time buyers and home movers proved more resilient than remortgage borrowers during a weaker...