Virgin cuts buy-to-let and resi rates

Virgin Money has cut rates across its buy-to-let and residential mortgage ranges.

Virgin Money has cut rates across its buy-to-let and residential mortgage ranges.

Buy-to-let rates now start from 1.95% at 50% loan-to-value while 5-year fixed residential rates start from 2.24% at 65% LTV.

The lender has also confirmed it will continue to waive its £99 buy-to-let application fee for a limited period.

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “The market has been in good shape so far in 2016 and we remain committed to supporting customers and mortgage brokers with a strong product set and service proposition.”