Virgin Money NEW buy-to-let mortgages

It looks like Richard Branson's Virgin Money is keen to get into the buoyant lending market for buy-to-let mortgages.  Virgin Money has recently announced an improved mortgage range for landlords including a £750 cashback for many products.

The latest edition of moneyfacts rates their 4.19% fixed rate until April 2019 (reverts to a pay rate of 5%) as one of the best products for a first time landlord.  The loan to value is available up to a maximum of 70% although the arrangement fee is on the high side: £1995.

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