Virgin Money Update

We’re increasing rates

We wanted to let you know that we’re making some changes to the following mortgages at 8pm on Wednesday 9 February.

Exclusives

• 80% LTV 2 Year Fixed Rate remortgage with £1,495 fee will be increased by 0.05% to 1.58%.
• BTL 65% LTV 2 Year Fixed Rate with £895 fee will be increased by 0.05% to 1.60%.
• BTL 65% LTV 5 Year Fixed Rate with £895 fee will be increased by 0.06% to 1.73%.

Core

• Selected 65% LTV fixed rates will be increased by up to 0.09%.
• Selected 75% LTV fixed rates will be increased by up to 0.10%.
• Selected HTB 75% LTV fixed rates will be increased by up to 0.10%.
• Selected BTL fixed rates will be increased by up to 0.06%.

On our remortgage deals with £1,000 cashback, we’re reintroducing free standard legals in place of the cashback.

Product Transfer

• Selected 65% LTV fixed rates will be increased by up to 0.09%.
• Selected 75% LTV fixed rates will be increased by up to 0.10%.
• Selected 80% LTV fixed rates will be increased by up to 0.06%.
• Selected HTB 75% LTV fixed rates will be increased by up to 0.10%.
• Selected BTL fixed rates will be increased by up to 0.06%.

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.