Virgin refreshes buy-to-let range

Ryan Bembridge

January 14, 2016

Virgin Money has refreshed its buy-to-let range with the launch of intermediary exclusives including a 2-year fix at 2.02% to 50% loan-to-value for remortgaging customers.

Virgin has also launched a remortgage 50% LTV 5-year fix at 3.09%. Both products come with a £1,995 product fee and £500 cashback.

The lender has unveiled another intermediary exclusive, a 2-year fix at 2.39% to 60% LTV with a £995 fee and £500 cashback.

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “We continue to play our part in a healthy and vibrant mortgage market.

“We have begun 2016 with improvements across our mortgage range and these new buy-to-let products offer landlords competitive rates, particularly for those with low-LTVs.”

Virgin has made other changes to its core buy-to-let product range – as its 75% LTV 2-year fix now stands at 2.54% with a £1,995 product fee and its 60% LTV 2-year tracker has been reduced to 2.09% with a £995 fee. Both products come with £500 cashback.

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