Buy-to-letNews

Vernon launches trio of 3-year buy-to-let mortgages

Vernon Intermediaries has launched a trio of 3-year rate buy-to-let mortgages to 70% loan-to-value.

They are a fixed rate holiday let mortgage at 3.69% with an £899 fee and a fixed rate limited company deal at 3.69% with a £1,899 fee.

Also there is a 3-year discount early repayment charge-free buy-to-let deal at 3.45% with a £995 fee.

Tom Gurrie, intermediary sales manager at Vernon, said: “We’re an experienced buy-to-let lender and these new competitive products will provide more landlords with specialist borrowing solutions.

“Feedback from our broker partners highlighted increasingly diverse borrowing needs in the buy-to-let sector. We’ve adapted our range to meet those needs, while retaining our flexible approach to lending.”

The fixed rate products carry an additional £99 booking fee.

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