Vernon launches limited company offering in new specialist BTL range
Vernon Intermediaries has launched a new range of buy-to-let mortgages, including mortgages to individual landlords, limited companies, portfolio landlords, those with holiday lets and HMOs, as well as consumer buy-to-let deals.
"Feedback from our broker partners highlighted increasingly diverse borrowing needs in the buy-to-let sector."
The new mortgages are available up to 70% LTV and include a three-year fixed rate holiday let mortgage at 3.69% with an £899 fee, a three-year fixed rate for limited companies at 3.69% with a £1,899 fee, and a three-year ERC-free discounted buy-to-let deal at 3.45% with a £995 fee.
The fixed rate products carry an additional £99 booking 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.”
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