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READY, SET,
BUY-TO-LET

Welcome to our Buy-to-Let Zone – designed to help you grow your buy-to-let business.

Low interest rates have left many looking for other ways to invest their savings. With rising property prices and high demand for rental properties, buy-to-let has remained an attractive option.

We’re dedicated to supporting you and your landlord clients by providing the key information you need and keeping you up to speed. That’s why we’ve created a handy buy-to-let toolkit, with materials to help you and your clients.

If your client has four or more BTL properties visit our BTL Portfolio policy and criteria page.

And we're award winning too, voted two time Best Buy-To-Let Provider 2016 and 2017 at the Business Moneyfacts Awards.

 

Your Buy-to-Let toolkit

We've created a range of handy materials to help you discuss purchasing a buy-to-let property with your clients. Our Buy-to-Let calculators show how the tax changes could affect your clients profitability, and help you work out the rental income required and maximum loan amounts.

 

The customer facing items provided are for your clients to read and keep. Please make sure you run them by your own compliance team to check they’re happy before you use them. Plus check out the best practice guidelines  PDF link opens in a new window we’ve created to help.

Why you should recommend Virgin Money for buy-to-let

Whether your clients are keen to get into property or hoping to expand their portfolios, why not give them a helping hand with one of our buy-to-let mortgages.

A wide range of products and features…

  • 2, 3 and 5 year deals available up to 75% LTV, with a choice of fee options.
  • Incentives – We offer Free valuations and Free Legal work or Cashback on selected remortgage products.
  • We accept first time landlords.*
  • Landlords accepted up to 10 mortgaged properties.
  • Minimum combined income £25,000, where personal income is used for affordability, a minimum combined gross income of £50,000 is required (excluding income received from BTL properties).
  • Flexible features as standard – your clients can make overpayments and apply for payment holidays (subject to criteria)** which can be useful to offset rental voids.
  • Discounts from across the Virgin Group for you and your clients too when they become a Virgin Money customer. View our Virgin Group offers Link opens in a new window 

View our latest deals Link opens in a new window 

…Backed by great service

  • Dedicated Regional Service Teams who know your area well.
  • Offers to your customers within 10 working days of receiving a fully-packaged application, or we’ll give them £100 (Please read the service conditions).  PDF opens in a new window
  • Access to all our mortgages - we don’t keep the best deals to help us find new customers ourselves.
  • At least 24 hours’ notice before we increase the rates on our mortgage products.

*Please note, we do not accept BTL applications for first time buyers. Applicants must be an owner occupier, and have had owner occupier status for at least six months on the date of decision (this applies to at least one applicant on joint applications). We may request evidence of this.

**Flexible features are subject to Virgin Money’s agreement and the terms and conditions of your client’s mortgage.

 

Want to know more?

Talk to your dedicated BDM, or check out our latest deals, policy and other information available across our website.

Find your BDM Link opens in a new window