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Buy to let 2 Year Fixed Loans up to 80% LTV Interest Only BO1602

For loans up to 80% of property value

Product nameBuy to let 2 Year Fixed Loans up to 80% LTV Interest Only BO1602
Initial rate6.99%
Initial rate expires on
31st May 2026
Rate thereafterOffset variable Investment Housing Loan Rate, currently
9.99%
Overall cost for comparison10.10% APRC
Product fee
£1,999
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)

EligibilityApplicants must be aged 18 or over. All loans are subject to status. Security will be required

Capital & Interest, Interest Only or Part and Part maximum 80% LTV with a maximum loan size of £500,000.
Maximum loan amount£500,000
Maximum loan to value80%
Minimum loan amount£1
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
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Our online application makes it quick and easy to apply for your customer

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

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

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

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

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