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Vernon introduces new range of BTL mortgage deals

Vernon Intermediaries has launched a selection of new buy-to-let mortgage deals.

The mortgage products, which are each available for a fixed term of three years, are being offered to buy-to-let investors looking to borrow up to 70% loan-to-value (LTV).

The new mortgages include a three-year fixed rate holiday let mortgage at 3.69% with a fee of £899, a three-year fixed rate for limited companies at 3.69% with a £1,899 fee, as well as 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 the Vernon, commented: “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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