Virgin Money has announced an important product update for advisers. Virgin Money products and support with the lender, including same day payment on completion, is all available accessible through our direct to lender mortgage club. Contact us for more information.
ANNOUNCEMENTS
NEW VIRGIN MONEY 60% LTV BTL 5 YEAR FIXED RATES
We wanted to let you know that we’re launching new BTL Exclusives and reducing the rates on the following Virgin Money products on Wednesday 15 May.
Exclusives
- NEW 60% LTV BTL 5 Year Fixed Rate with £2,195 fee will be launched at 4.67%.
- NEW 60% LTV BTL Portfolio 5 Year Fixed Rate with £2,195 fee will be launched at 4.87%.
- 75% LTV BTL 5 Year Fixed Rate with £2,195 fee will be reduced by 0.05% to 4.72%.
- 75% LTV BTL Portfolio 5 Year Fixed Rate with £2,195 fee will be reduced by 0.05% to 4.92%.
- NEW 75% LTV £500k+ Fix and Switch Residential Remortgage rate with £1,495 fee will be launched at 5.24%.
Product Transfer
- BTL fixed rates will be reduced by 0.10%, starting from 4.51%.
We’ll also be making these changes at 8pm today:
- Maximum loan size on Fix and Switch Residential Remortgage 75% LTV with £1,495 fee at 5.14%, will be reduced to £500k.
If you’re applying for one of these products on behalf of your customer, please send us the application by 8pm today.
You can find our current rates in our Product Guide. If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Mortgage Service Team.