Virgin Money reduces BTL tracker rates | Product News - Moneyfacts

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Virgin Money reduces BTL tracker rates

Virgin Money reduces BTL tracker rates

Category: Buy To Let
Date: 01/09/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Virgin Money has reduced selected rates across its buy-to-let (BTL) mortgage range, including its 2.35% variable tracker which has enjoyed a reduction of 0.16%.

The basics…

Now priced at 2.19% to 1.12.16 and available up to 60% LTV, this new deal boasts the second-lowest rate available for its term – with the lowest coming from the same lender.

The finer details…

The mortgage comes with a reasonable fee of £995 as well as a £500 rebate, making it a competitive deal for the BTL investor with the right deposit. The flexibility of being able to make overpayments and take payment holidays adds to the appeal.

Why we like it…

This latest reduction confirms Virgin Money as a leading player in the BTL market, securing top positions in the best buy tables for its sector.

Four Moneyfacts Stars have been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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