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

New Greener Mortgages plus BTL LTV improvements

We wanted to let you know that on Friday 2 July we’ll be launching two new 85% LTV Greener Mortgages Shared Ownership deals to help even more carbon-conscious customers keep their emissions and their repayments in check. We’re also changing selected BTL 60% LTVs to 65% LTV, helping new customers looking for competitive BTL rates.

At the same time, we’re launching a new 80% LTV 5 Year Intermediary Exclusive with £1,000 cashback and reducing selected residential rates by up to 0.52%.

Intermediary Exclusive purchase deals with £1,000 cashback
  • NEW 80% LTV 5 Year Fixed Rate with £995 fee, available at 2.15%
Core
  • NEW 85% LTV Greener Shared Ownership 2 Year Fixed Rate with £995 fee, available at 2.28%.
  • NEW 85% LTV Greener Shared Ownership 5 Year Fixed Rate with £995 fee, available at 2.63%.
  • Selected 75%–90% LTV fixed rates will be reduced by up to 0.52%.
  • Selected Help to Buy Equity Loan 5 year fixed rates will be reduced by 0.30%.
  • All 60% LTV BTL fixed rates will be available at 65% LTV
Product Transfer
  • Selected 75%–95% LTV fixed rates will be reduced by up to 0.22%.
  • Selected Help to Buy Equity Loan 5 year fixed rates will be reduced by up to 0.21%.
  • Selected Shared Ownership fixed rates will be reduced by up to 0.25%.

You can find our current rates in our Mortgage Update

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