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
WE’RE INCREASING SELECTED FIXED RATES
We wanted to let you know that we’re launching the following Virgin Money products on Thursday 30 May.
Purchase Exclusive
- NEW 90% LTV Greener New Build 5 year fixed rate with £995 fee and £300 cashback at 4.87%.
Product Transfer
- NEW 90% LTV Residential 2 Year ERC Free Tracker with £495 fee at 6.19%.
- NEW 75% LTV BTL 2 Year ERC Free Tracker with £995 fee at 6.45%.
We’ll also be making the following changes at 8pm today:
- 85% LTV Shared Ownership 2 year fixed rate fee saver will be increased by 0.10% to 5.39%.
- 85% LTV Product Transfer 2 Year Flexi Tracker with £995 fee will be reduced by 0.24% to 6.15%.
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.
WE’RE LAUNCHING NEW EXCLUSIVES AND MAKING SELECTED WITHDRAWALS
We wanted to let you know that we’re launching the following products on Thursday 6 June.
Exclusive Remortgage with free valuation and legals
- NEW 80% LTV 2 Year Fixed Rate with £895 fee at 5.39%.
- NEW 80% LTV 5 Year Fixed Rate with £895 fee at 4.84%.
- NEW 80% LTV 2 Year Fixed Rate fee-saver at 5.84%.
- NEW 80% LTV 5 Year Fixed Rate fee-saver at 5.12%.
Exclusive Purchase with £300 cashback
- NEW 75% LTV 5 Year Fixed Rate with £895 fee at 4.56%.
- NEW 80% LTV 5 Year Fixed Rate with £895 fee at 4.64%.
- NEW 75% LTV 5 Year Fixed Rate fee-saver at 4.66%.
- NEW 80% LTV 5 Year Fixed Rate fee-saver at 4.80%.
We’ll also be making these changes at 8pm on Wednesday 5 June:
- Selected Fix and Switch Purchase fixed rates will be increased by up to 0.10%, with rates starting from 5.34%.
- 90% LTV Own New 2 year fixed rates will be increased by 0.05%, with rates starting from 2.78%.
- BTL fixed rates with 3% fee will be reduced by 0.02%, with rates starting from 4.03%.
- Selected BTL 5 year fixed rates with 1% fee will be reduced by 0.02%, with rates starting from 4.67%.
- 90% Purchase 2 Year Fixed Rate with £995 fee will be increased by 0.05%, to 5.44%.
- 95% Purchase 2 Year Fixed Rate fee-saver will be increased by 0.10%, at 5.94%.
In addition, we’ll be withdrawing the following product at 8pm on Wednesday 5 June:
- 90% Purchase Exclusive 5 Year Fixed Rate fee-saver at 5.00%.
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.