Virgin reduces BTL tracker rate | Product News - Moneyfacts

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Virgin reduces BTL tracker rate

Virgin reduces BTL tracker rate

Category: Buy To Let
Date: 07/07/2014

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 It is now over 6 months old so the content may be out of date.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, with the 70% LTV tracker climbing up the Moneyfacts best buys.

The basics…

Borrowers looking for a variable tracker rate mortgage at 70% loan-to-value can now enjoy a highly competitive rate of 3.28% to 1.10.16.

The finer details…

This product comes with a generous incentive package of a £500 rebate, while its reasonable fee of £995 and the opportunity to make overpayments and take payment holidays adds to the appeal.

Why we like it…

This latest update from Virgin Money confirms its position in the best buy charts, with its combination of competitive rate and added incentives making it a cost-effective choice for the landlord with a 30% deposit.

Four Moneyfacts Stars have been awarded.

What Next?

Call 0845 287 0788 to find out more about this product

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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