Virgin reduces BTL rates | Product News - Moneyfacts

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Virgin reduces BTL rates

Virgin reduces BTL rates

Category: Buy To Let
Date: 05/06/2014

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 It is now over 6 months old so the content may be out of date.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 some of its buy-to-let (BTL) mortgage rates with its 60% loan-to-value (LTV) product receiving the largest reduction of 0.31%.

The basics…

The two-year tracker rate mortgage is now priced at 3.24% and is available to investors with a 40% deposit.

The finer details…

The mortgage is offered with an arrangement fee of £995 of which £500 can be reclaimed in a rebate to keep upfront costs lower.

Why we like it…

Sporting a competitive rate and with the rebate keeping costs low, this mortgage from Virgin cements its position in the Moneyfacts best buys.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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