Virgin Money Update

NEW 2 YEAR REMORTGAGE EXCLUSIVE LAUNCHING AT 5.09%, WITH 1% FEE

We wanted to let you know that we’re launching the following Virgin Money products on Friday 27 October.

Remortgage Exclusives with 1% fee, free valuation and free legals

• NEW 60% LTV 2 Year Fixed Rate will be launched at 5.09%.
• NEW 70% LTV 2 Year Fixed Rate will be launched at 5.15%.

Remortgage Exclusives with free valuation and £250 cashback

• NEW 60% LTV 2 Year Fixed Rate with £995 will be launched at 5.26%.
• NEW 70% LTV 2 Year Fixed Rate with £995 will be launched at 5.32%.
• NEW 60% LTV 5 Year Fixed Rate with £995 will be launched at 4.85%.
• NEW 70% LTV 5 Year Fixed Rate with £995 will be launched at 4.90%.

Purchase Exclusives with free valuation

• NEW 85% LTV 2 Year Fixed Rate with £1,295 fee will be launched at 5.46%.
• NEW 85% LTV 5 Year Fixed Rate with £1,295 fee will be launched at 4.96%.
• NEW 65% LTV 2 Year Fixed Rate fee-saver will be launched at 5.47%.
• NEW 75% LTV 2 Year Fixed Rate fee-saver will be launched at 5.52%.
• NEW 85% LTV 2 Year Fixed Rate fee-saver will be launched at 5.88%.
• NEW 85% LTV 5 Year Fixed Rate fee-saver will be launched at 5.12%.

We’ll also be making these changes:

• 90% LTV Purchase Exclusives will be reduced by up to 0.10%, with rates starting from 5.11%.
• BTL Portfolio Remortgage & Purchase Exclusives with 3% fee will be reduced by 0.05%, with rates starting from 4.97%.
• Selected Product Transfer fixed rates will be reduced by up to 0.15%, with rates starting from 4.89%.
• Selected Core Purchase and Remortgage fixed rates will be reduced by up to 0.15%, with rates starting from 4.92%.
• Selected Purchase and Remortgage Freedom to Fix rates will be increased by 0.05%, with rates starting from 5.60%.

you can get in touch with your Business Development Manager or dedicated Mortgage Service Team.