Brilliant Solutions

Virgin Money Update

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 clubContact us for more information. 

ANNOUNCEMENTS

WE’RE LAUNCHING NEW EXCLUSIVES AND INCREASING RATES

We wanted to let you know that we’re launching the following Virgin Money products on Tuesday 11 July.

Remortgage Exclusive
  • NEW 70% LTV 2 Year Freedom to Fix Tracker with £995 fee will be launched starting from 5.29%.
Purchase and Remortgage Exclusive
  • NEW BTL 75% LTV 5 Year Fixed Rate with £2,195 fee will be launched starting from 5.83%.

We’ll also be making these changes at 8pm today:

Exclusive and Core
  • 65% LTV 2 Year Freedom to Fix tracker will be reduced by 0.02%, starting from 5.23%.
  • 2 year fixed rates will be increased by 0.35%, starting from 6.26%.
  • 3 year fixed rates will be increased by 0.35%, starting from 6.11%.
  • 5 year fixed rates will be increased by up to 0.30%, starting from 5.53%.
  • BTL fixed rates will be increased by to 0.35%, starting from 5.36%.
Product Transfer
  • Fixed rates will be increased by to 0.40%, starting from 5.18%.
  • BTL fixed rates will be increased by up 0.40%, starting from 5.53%.

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. If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Regional Service Team.

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