Virgin Money launches new BTL mortgage products

Virgin Money has launched a range of new mortgage products, including some attractive deals aimed at buy-to-let landlords.

A new five-year fixed rate buy-to-let deal at 70% loan-to-value (LTV) is now available for 2.94%, while a five-year fixed rate at 75% LTV now starts from 2.99%. Both products come with a £995 arrangement fee.

For those of you interested in Virgin’s new residential products, they are as follows:

Two-year fixed rate at 65% LTV reduced to 1.28% (£995 product fee)

Two-year fixed rate at 80% LTV reduced to 1.44% (£995 product fee)

Two-year fixed rate at 85% LTV reduced to 1.52% (£995 product fee)

Five-year fixed rate at 65% LTV reduced to 1.82% (£995 product fee)

A new intermediary exclusive two-year residential fixed rate product for remortgage customers has also been launched at 50% LTV at 1.19%, subject to a £1,995 product fee, with a minimum loan size £300,000.

Peter Rogerson, Virgin Money’s director of mortgages, commented: “We have made further improvements across our mortgage range, as we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans.”

Mortgages – Find cheapest rates from 0.98%

Landlord tax – How to save £1000s using a company

Sky TV & Broadband – 33% off TV, Fibre broadband £20pm

BT TV & Broadband – Unlimited £23.99pm + BT Sports + £100 reward card

Virgin TV & Broadband – From £32pm superfast fibre​​​​​​​ 100mbs inc TV

Gas & Electric – Save up to £600+ in  10 minutes

mortgageMortgages - Find cheapest. Rates from 0.98%. 1st time buyers, remortgages, self-employed, adverse & CCJ, Landlord buy to let. Compare now

mortgageSell or Let Property FREE on Houseladder 0% no fees. Free property advertising. List 1 to 1000 properties to millions of buyers and tenants. Upgrade to a Premium advert for only £30 and sell or let your property FASTER! Create Ad

make-moneyMake Money - Earn £250 to £2000+ per month part time. Get paid every month for work you do once. Work from home. Flexible hours. Free training. No experience needed. Major UK PLC company. Find out how >>

taxHow To Save Property Tax - Updated Sept 2017 “How To Save Property Tax” is widely regarded as THE tax bible for property investors. The 21st edition has just been published (Sept 2017) and is completely up to date. Read now


Written by: Houseladder