Virgin Money launches intermediary exclusive BTL product

Jake Carter

May 6, 2021

virgin money

Virgin Money has launched an intermediary exclusive buy-to-let (BTL) mortgage which includes £1,000 cashback, with options also available to portfolio customers.

These were previously only available to residential customers.

This includes a 75% LTV 2-year fix at 1.91% and a 75% LTV 5-year fix at 2.13%; both deals include a £1,995 fee and a £1,000 cashback.

Virgin Money has also reduced rates across both its longer term residential and buy-to-let mortgage range.

Notable cuts include the 65% LTV 10-year fix cut by 0.30% to 1.95%, and the 65% LTV 1-year fix cut by 0.50% to 2.34%.

Both products are within its core residential range and the former includes a £995 fee while the latter is fee free.

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