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 FIX AND SWITCH PURCHASE AND REMORTGAGE FIXED RATES
We wanted to let you know that we’re making some changes to selected Virgin Money products on Friday 9 February.
Exclusive Purchase – Fix and Switch fee-saver with 2 year ERC
- NEW 95% LTV 5 Year Fixed Rate with £250 cashback at 5.54%.
Exclusive Remortgage – Fix and Switch fee-saver with 2 year ERC
- NEW 70% LTV 5 Year Fixed Rate with free valuation & free legals at 4.99%.
The end dates will move to June of the relevant year.
We’ll also be making these changes at 8pm on Thursday 8 February:
- 85% LTV Purchase Exclusive 5 Year Fixed Rate with fee-saver will be increased by 0.05%, at 4.49%.
- 90% LTV Purchase Exclusive 5 Year Fixed Rate with £1,295 fee will be increased by 0.10%, at 4.50%.
- 60% & 70% LTV Remortgage Exclusive fixed rates will be increased by 0.05%, with rates starting from 4.24%.
- Exclusive BTL fixed rates with £2,195 fee will be increased by 0.05%, with rates starting from 4.25%.
- Exclusive BTL fixed rates with 1% fee will be increased by 0.05%, with rates starting from 4.39%.
- Product Transfer 2, 3 & 5 year fixed rates – 65% LTV will be starting from 3.98% and 80% LTV will be starting from 4.84%.
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.