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 REDUCING THE RATES ON SELECTED VIRGIN MONEY PRODUCTS
We wanted to let you know that we’re launching BTL fixed rates with £1,995 fee and reducing the rates on the following Virgin Money products on Wednesday 12 April.
Exclusives
- 65% LTV Purchase 5 Year Fixed Rate with £1,495 fee will be reduced by 0.11% to 3.79%.
- 65% LTV Remortgage 5 Year Fixed Rate with £995 fee will be reduced by 0.09% to 3.82%.
- 75% LTV Purchase 5 Year Fixed Rate with £1,495 fee will be reduced by 0.15% to 3.97%.
- 85% LTV Purchase 2 Year Fixed Rate with £1,495 fee will be reduced by 0.05% to 4.52%.
- Selected fixed rates will be reduced by up to 0.22%.
Core
- 65% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.13% to 3.82%.
- 75% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.17% to 3.99%.
- 95% LTV 5 Year Fixed Rate fee-saver will be reduced by 0.05% to 4.97%.
- Selected fixed rates will be reduced by up to 0.23%.
BTL Core and Exclusives
- NEW 60% LTV Fixed Rates with a £1,995 fee will be launched from 4.32%.
- NEW 75% LTV Fixed Rates with a £1,995 fee will be launched from 4.52%.
- 50% LTV 2 Year Fixed Rate with a £3,995 fee will be reduced by 0.09% to 3.98%.
- 60% LTV 2 Year Fixed Rate with a £3,995 fee will be reduced by 0.09% to 4.08%.
- Selected fixed rates will be reduced by up to 0.02%.
Product Transfer
- Selected fixed rates will be reduced by up to 0.19%.
You can find our current rates in our Mortgage Update. If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Regional Service Team.