Mortgage Commentary

Latest mortgage rate deals

James Caldwell / 23 May 2012

Mortgage rates are constantly changing and the deals available from one week to the next make finding the best mortgage rate for your circumstances not always an easy task. We have put together a se... Read more

Over £250 billion of UK Mortgages not covered by life insurance

Colm Hebblethwaite / 09 November 2011

A large number of people in the UK have taken out a mortgage in order to get their feet firmly on the property ladder, but a new study has shown that a substantial amount of these people do not have... Read more

104% increase in buy to let mortgage deals over the last three years

Colm Hebblethwaite / 27 October 2011

New statistics released by Defaqto have revealed that the amount of buy to let mortgage deals on the market has risen by 104% since 2008. In October 2008, there were 237 buy to let mortgage pr... Read more

Vernon Building Society Buy to Let Mortgages

Get a better deal!

First founded in 1924, Vernon is an independent building society that specializes in providing customers with investment opportunities, savings and mortgage products. A buy to let mortgage from Vernon may be useful if you are considering rental property as a long term investment within a 25 mile radius of stockport. Vernon operate the following criteria for buy to let mortgages:

Up to £1 million loan advances
Maximum LTV - 70%
Minimum property valuation - £80k
Maximum age individually assessed.
Lending coverage - 25 Mile radius of stockport

If you are looking for further information, quotes or advice use our partner specialist buy to let mortgage service - see link above.

For a selection of market leading BTL deals see the table below:

Buy to Let Mortgage Deal Selection - Call Direct

Initial Rate	Provider	Term	Type	APR*	LTV
4.39%		2 Years	Tracker Buy-to-Let	4.80%	75%	More Info >
4.39%	£1,999 product fee. Call 0800 1582934 to speak to a NatWest mortgage specialist.					More Info >
4.39%		2 Years	Tracker Buy-to-Let	4.80%	75%	More Info >
4.39%	£1,999 product fee. Call 0800 068 7624 to speak to an RBS mortgage specialist.					More Info >
4.89%		2 Years	Fixed Rate Buy-to-Let	4.90%	75%	More Info >
4.89%	£1,999 Product fee. Call 0800 1582934 to speak to a NatWest mortgage specialist.					More Info >
4.89%		2 Years	Fixed Rate Buy-to-Let	4.90%	75%	More Info >
4.89%	Buy-to-let. £1,999 product fee. Call 0800 068 7624 to speak to an RBS mortgage specialist.					More Info >

*APR = Overall Cost for Comparison

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products are a selection of deals available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker

There are a number of other technical details you will need to be aware of when looking to take out a buy to let mortgage from Vernon.

Properties must be within a 25 mile radius of Stockport, with a maximum of 5 properties per applicant. This mortgage is not available for newly built city centre apartments.

Income for the rental property must be at least 130% of the subscription if the notional interest is at 6% (extra personal income will possibly be taken into consideration).