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 making changes to our tracker mortgages
We wanted to let you know that we’re making some changes. We’ll be launching the following products on Tuesday 10 May:
These deals may be withdrawn at any time without our usual notice.
We’re also making changes to the following products at 8pm today:
Exclusive
- All 80% LTV fixed rates will be withdrawn.
Exclusive
- NEW 75% – 90% LTV Purchase fixed rates with £495 fee, includes £500 cashback.
- NEW 75% – 85% LTV Remortgage fixed rates with £1,295 fee, includes free valuation and free legals.
- NEW BTL 75% LTV 5 year fixed rates with a £1,295 fee.
Core
- Selected 65% – 90% LTV fixed rates will be increased by up to 0.23%.
- Selected BTL 60% – 75% LTV fixed rates will be increased by up to 0.15%.
If you’re applying for one of these products on behalf of your customer, please send us the application as soon as possible.
You can find our current rates in our Mortgage Update.
We’re withdrawing products
We wanted to let you know that we’re making some changes to the following mortgage products at 8pm today.
Exclusive Purchase
- 75% LTV 2 Year Fixed Rate at 2.49% with £495 fee will be withdrawn.
- 80% LTV 5 Year Fixed Rate at 2.42% with £495 fee will be withdrawn.
- 85% LTV 5 Year Fixed Rate at 2.53% with £495 fee will be withdrawn.
Exclusive Remortgage
- 75% LTV 5 Year Fixed Rate at 2.30% with £1,295 fee will be withdrawn.
Core
- Selected 65% – 80% LTV fixed rates will be increased by up to 0.11%.
Product Transfer
- 80% LTV 2 Year Fixed Rate with £995 fee will be increased by 0.04% to 2.44%.
- 80% LTV 2 Year Fixed Rate fee-saver will be increased by 0.01% to 2.69%.
- 80% LTV 5 Year Fixed Rate fee-saver will be increased by 0.04% to 2.77%.
If you’re applying for one of these mortgage products on behalf of your customer, please send us the application as soon as possible.
You can find our current rates in our Mortgage Update.