Skip to content

We use cookies to keep our websites easy to use and relevant to our users’ requirements and to enable us to learn which advertisements bring users to our website. Select Accept below if you wish to proceed or How to change your cookies for instructions on how to manage your cookie settings. Find out more about our Cookie Policy.


Buy to let fixed rate - Interest Only - Over £1m - Interest Only - BO1343

For loans up to 60% of property value

Product nameBuy to let fixed rate - Interest Only - Over £1m - Interest Only - BO1343
Initial rate6.64%
Initial rate expires on
31st May 2026
Rate thereafterOffset variable Investment Housing Loan Rate, currently
9.99%
Overall cost for comparison9.80% APRC
Product fee£2,999
Option to add product fees to mortgageThe product fee can be added to the loan, unless it takes a residential loan over 95% LTV or a BTL loan over 80% LTV.
Legal and Valuation Fees

Purchases: None

Re-mortgages: Free valuation and free legal fees (if using bank's own solicitors)

EligibilityThis product is exclusively available for properties in London and South East only. Please speak to your Relationship Partner for further details. Applicants must be aged 18 or over. All loans are subject to status. Security will be required.
Maximum loan amount£1,500,000
Maximum loan to value60%
Minimum loan amount£1,000,000
Early repayment charge3% in year one
2% in year two
Special offersRe-mortgages: Free valuation and free legal fees (if using bank's own solicitors)
Overpayment permittedYes, up to 10% of outstanding loan each year without penalty
Apply now

 

Quick links

Our online application makes it quick and easy to apply for your customer

Apply online

To discuss product and policy queries, or for advice on making an application, speak to your Clydesdale Bank and Virgin Money BDM.

Find your BDMs

For quick info on our products or lending policy, visit our product and lending criteria pages or use our live chat.

Chat now

To discuss applications already submitted, please call 0800 917 8363.*

*Monday - Friday, 9.00am - 5.30pm, except Wednesdays, 9.30am - 5.30pm

Procuration fee enquiries

Get in touch

Get in touch

For all lending policy and new business enquiries:

Contact us

You are here:  Products  >  Interest only mortgages