Vernon launches new range of buy-to-let mortgages

15 June 2018

Vernon Intermediaries has launched a new range of buy-to-let mortgages, broadening its flexible, common-sense lending approach to meet the needs of more landlords.

The lender has launched mortgages to individual landlords, limited companies, portfolio landlords, those with holiday lets and HMOs, as well as consumer buy-to-let deals.

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
• 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.”

To see Vernon’s full mortgage range visit www.thevernon.co.uk/MortgageIntermediaries