Virgin Money has announced a buy to let exclusive, available from 14 January the new 80% LTV two- year fixed rate with 1% fee will be launched at 5.40%
The end dates will move to 1 April of the relevant year.
The lender has also announced further changes across its range. From 8pm on 13 January, 80% LTV Purchase two and five-year fixed rates will be withdrawn. Retrofit Boost five-year fixed rates will be increased by up to 0.20%.
Own New two and five-year fixed rates up to 85% LTV will be increased by up to 0.20% and selected £1m-plus two and five-year fixed rates will be increased by up to 0.20%.
BTL two and five-year fixed rates with a £2,195 fee will be increased by 0.10%; and BTL five-year fixed rates with a 1% fee up to 75% LTV will be increased by 0.05%
For product transfer, 65% LTV five-year fixed rates will be increased by 0.10%.
Vida Homeloans has announced that in advance of a reprice, all residential and BTL products, will be withdrawn from 6pm on Tuesday 14th January.
For new business, decisions in principle, with product selected, must have been completed by 6pm on 14 January.
For any cases currently in the pipeline, all mandatory documents must have been uploaded with fees paid, and case progressed to ‘Application Received’ stage, by 6pm on 17 January.
Zephyr Homeloans has confirmed that due to increases in swap rates, all its fixed rates will increase by 25bps from 14 January.
To qualify for current rates, the full mortgage application (FMA) must be submitted, and application fee paid, by 5pm on 13 January). The case must also proceed to offer within 60 calendar days.