Virgin buy to let mortgage rates have been cut to new lows.
Virgin has just announced that it is improving its buy to let mortgage rates to strengthen its market position.
For any investors looking for a buy to let deal the lender's new range is worth a good look.
Now is a good time to invest in a rental property, mortgage rates remain low, property prices are stable and rental yields are rising. For a full review of the market, call one of our advisers, we can advise you which mortgage would best suit your investment needs.
Virgin range highlights include:
Buy to let fixed rate mortgage deals:
- A 2 year fix for 60% LTV at 3.25% (with a £1,995 product fee)
- A 2 year fix for 60% LTV at 4.59% (with no product fee)
- A 3 year fix for 60% LTV at 4.69% (with no product fee)
Buy to let tracker mortgage deals:
- A 2 year tracker for 60% LTV at 3.55% (with a £995 product fee)
- A 2 year tracker for 60% LTV at 2.89% (with a 2.5% product fee)
All deals come with Virgin's £750 cashback incentive.
Broker buy to let mortgage exclusives:
- A 2 year fix for 60% LTV at 2.89% (with a £2,495 product fee)
- A 3 year fix for 70% LTV at 3.19% (with a £2,495 product fee)
In addition Virgin has also said that it plans to revise its interest only residential mortgage lending policy. Changes will be announced 09/12/13.
Whatever kind of mortgage you are looking for, Deal Direct can help. Our advisers are here to take your call on 0800 048 8828. Contact us and we can review your circumstances before searching for the right mortgage at a low rate to suit your needs.
Call us on 0800 048 8828,
or begin an immediate online search by clicking below.
