25 January 2017
With the recent and upcoming tax changes, 2017 could be an unpredictable year for landlords.
Some landlords may be looking for longer term certainty on their mortgage payments while these tax changes are phased in. With that in mind Virgin Money have some 5 year fixed rate deals to support them.
They are also offering a straight balance swap on buy to let mortgages under their old interest coverage ratio of 125%, instead of 145% for all new applications. This will be at their old interest rate stress of 5.74%