HSBC cuts buy-to-let rates tomorrow as Virgin pushes some landlord transfer deals higher
HSBC is cutting a range of buy-to-let rates tomorrow, but Virgin Money is moving in both directions by trimming some new-business deals while increasing selected product-transfer pricing. For landlords, the real decision is not whether rates are falling, but whether a remortgage or a transfer is cheaper once fees, ERCs, stress testing and compliance paperwork are factored in.
