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 selected fixed rates
We wanted to let you know that we’re making the following rate reductions on Friday 25 April.
Exclusive Purchase
- 80% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.04%, to 4.29%.
- 80% LTV 2 Year Fixed Rate fee-saver will be reduced by 0.07%, to 4.52%.
- 80% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.06%, to 4.25%.
- 80% LTV 5 Year Fixed Rate fee-saver will be reduced by 0.08%, to 4.36%.
Remortgage
- 80-90% LTV 2 year fixed rates will be reduced by up to 0.15%, starting from 4.63%.
- 80-90% LTV 5 year fixed rates will be reduced by up to 0.05%, starting from 4.39%.
BTL
- Fix and Switch fixed rates will be reduced by 0.10%, starting from 4.80%.
- Selected 2 & 5 year fixed rates with 1% fee will be reduced by up to 0.10%, starting from 4.20%.
- Selected 2 & 5 year fixed rates with £995 fee will be reduced by up to 0.10%, starting from 4.39%.
- 75% LTV 2 & 5 year fixed rate fee-savers will be reduced by up to 0.10%, starting from 4.60%.
Product Transfer
- 2 year fixed rates will be reduced by up to 0.16%, starting from 4.04%.
- 3 year fixed rates will be reduced by up to 0.11%, starting from 4.14%.
- 5 year fixed rates will be reduced by up to 0.11%, starting from 4.01%.
BTL Product Transfer
- 2 year fixed rates will be reduced by 0.10%, starting from 4.00%.
- 3 year fixed rates will be reduced by 0.05%, starting from 4.19%.
- Selected 5 year fixed rates will be reduced by 0.05%, starting from 4.09%.