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 wanted to let you know that we’re making some changes to the following mortgages at 8pm on Thursday 6 May.

Core
  • 7 year fixed rate range will be withdrawn
  • £1m+ fixed rate range will be withdrawn
  • Selected BTL 10 year fixed rates will be withdrawn
  • Selected BTL fixed rate fee savers will be withdrawn
Product Transfer
  •   Selected Shared Ownership 85% LTV fixed rates will be increased by up to 0.49%

If you’re applying for one of these mortgages on behalf of your customer, please send us the application as soon as possible

You can find our current rates in our Mortgage Update

New BTL Exclusives with £1000 cashback

We’ve got great news for your landlord clients with the launch of new Exclusive BTL purchase deals with £1,000 cashback. They’re available from tomorrow, Friday 7 May, when we’ll also be making reductions to rates across our Core and Product Transfer ranges.

Exclusive BTL purchase deals with £1,000 cashback
  • New 75% LTV 2 Year Fixed Rate at 1.91% with £1,995 fee
  • New 75% LTV 5 Year Fixed Rate at 2.13% with £1,995 fee

Portfolio landlord options also available.

Core
  • Selected 65% LTV fixed rates will be reduced by up to 0.50%
  • Selected Shared Ownership fixed rates will be reduced by up to 0.33%
  • Selected BTL 10 year fixed rates will be reduced by up to 1.06%
Product Transfer
  • 65% LTV 10 Year Fixed Rate fee-saver will be reduced by 0.15%
  • Selected BTL 10 year fixed rates will be reduced by up to 0.66%
  • Selected Shared Ownership 90% LTV fixed rates will be reduced by up to 0.12%
Share this:

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top