Brilliant Solutions

Virgin Money Update

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 clubContact us for more information. 

ANNOUNCEMENTS

WE’RE MAKING SOME CHANGES

We wanted to let you know that we’re making some changes to the following products at 8pm on Thursday 20 June.

Purchase Exclusive
  • 75% LTV 5 Year Fixed Rate fee-saver will be increased by 0.01% to 4.67%.
BTL Fix and Switch
  • 60% LTV Fix and Switch fee-saver will be reduced by 0.10% to 5.54%.
  • 75% LTV Fix and Switch fee-saver will be reduced by 0.10% to 5.64%.

We’ll also be making the following changes:

  • 90% Purchase 5 Year Fixed Rate fee-saver will be reduced by 0.09% to 5.00%.
  • 95% Purchase 5 Year Fixed Rate fee-saver will be reduced by 0.05% to 5.35%.
  • BTL fixed rates with £995 fee will be reduced by up to 0.31%, with rates starting from 4.78%.
  • BTL fixed rate fee-savers will be reduced by up to 0.24%, with rates starting from 5.04%.
  • 65% & 75% LTV Residential Product Transfer fixed rates will be reduced by up to 0.04%, with rates starting from 4.41%.

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.

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