Virgin Money buy to let mortgage rates fall.
Virgin Money have reviewed their buy to let mortgage range and have cut their rates. Both their 2 year and 5 year fixed rates have seen reductions, as well as the 2 year tracker.
The 2 year fixed rate for up to 70% loan to value is now 2.09%.
The 5 year fixed rate for up to 70% loan to value is now 3.44%.
The 2 year tracker rate for up to 75% loan to value is now 2.29%.
Incentives are being offered on these mortgages but other fees apply, so it is vital to do the sums to work out which one is best for you. This is where working with one of Deal Direct’s mortgage brokers can help you the most.
We are independent buy to let mortgage specialists with over 10 years’ experience in this sector. During this time, we have worked hard to form relationships with lenders who offer underwriting tailored specifically to buy to let investors. A member of our highly qualified team can help you secure an affordable deal that keeps your monthly repayments as low as possible.
For an instant on-line quote, fill in the form below or call to speak to one of our experts today.
Please be aware that whilst we are regulated to offer independent mortgage advice by the FCA, we are not regulated to offer independent financial advice. To discuss whether a property is suitable as an investment, please contact an independent financial advisor for guidance.
Please note that buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.