Virgin Funds will launch a variety of landlord exclusives and trim obtain-to-allow merchandise switch prices from tomorrow (15 Might).
The substantial highway lender’s variations embody:
Exclusives
60% LTV BTL five-calendar 12 months fixes, with a £2,195 charge, begin at 4.67%
60% LTV BTL portfolio five-yr fixes, with a £2,195 fee launch at 4.87%
75% LTV £500,000-as effectively as Correct and Change family remortgage specials, with a £1,495 fee launch at 5.24%
75% LTV BTL five-calendar 12 months fixes, with a £2,195 price, diminished by 5 foundation factors to 4.72%
75% LTV BTL portfolio five-yr fixes, with a £2,195 fee, lessened by 5bps to 4.92%
Products transfers
BTL fixes will probably be lowered by 10bps, beginning off from 4.51%
The loan firm gives that from 8pm these days, the very best monetary loan dimension on Correct and Change residential remortgage at 75% LTV, with £1,495 charge at 5.14%, will probably be diminished to £500,000 from £1m. The enterprise has previously launched a brand new model of this merchandise for mortgage quantities between £500,001 to £1m at 5.24%.
