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 Exclusives and selected rate withdrawals
We wanted to let you know that we’re making the following changes on Tuesday 7 January.
Exclusive Fix and Switch Shared Ownership with free valuation
- NEW 85% LTV Fixed Rate fee-saver will be launched at 4.87%.
- NEW 90% LTV Fixed Rate fee-saver will be launched at 5.19%.
- NEW 95% LTV Fixed Rate fee-saver will be launched at 5.53%.
Purchase
- 85% LTV 5 Year Fixed Rate with £995 fee will be increased by 0.03%, to 4.46%.
We’ll also be withdrawing the following products at 8pm today:
Exclusive Professional
- 90% LTV 5 Year Fixed Rate fee-saver at 4.85%.
Exclusive Retrofit Boost
- 85% LTV 7 Year Fixed Rate with £995 fee at 5.74%.
- 85% LTV 10 Year Fixed Rate with £995 fee at 5.94%.
- 75% LTV BTL 7 Year Fixed Rate with £995 fee at 6.09%.
- 75% LTV BTL 10 Year Fixed Rate with £995 fee at 6.29%.
Product Transfer
- 90% LTV 7 Year Fixed Rate fee-saver at 5.19%.
- 90% LTV 15 Year Fixed Rate with £995 fee at 5.19%.
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.