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

NEW FIXED RATE EXCLUSIVES

We wanted to let you know that we’re launching the following Virgin Money products on Wednesday 23 August.

Purchase Exclusives with free valuation and £1,000 cashback
  • NEW 90% LTV 2 Year Fixed Rate with £495 fee at 6.60%.
  • NEW 85% LTV 5 Year Fixed Rate with £495 fee at 5.63%.
£1m+ Purchase Exclusives
  • NEW 75% LTV 2 Year Fixed Rate with £1,995 fee at 6.41%.
  • NEW 75% LTV 5 Year Fixed Rate with £1,995 fee at 5.79%.
Remortgage Exclusives with free valuation and £250 cashback
  • NEW 60% LTV 2 Year Fixed Rate fee-saver at 6.36%.
  • NEW 60% LTV 5 Year Fixed Rate fee-saver at 5.54%.
Purchase Exclusives with free valuation
  • 65% & 75% LTV 5 year fixed rates with £1,295 fee will be reduced by 0.02%, from 5.21%.
Remortgage Exclusives with free valuation and free legals
  • 2 year fixed rates with £995 fee will be reduced by up 0.30%, rates from 5.90%.
  • 5 year fixed rates with £995 fee will be reduced by up 0.29%, rates from 5.34%.
Core & Product Transfer
  • Selected fixed rates will be reduced by up to 0.25%, from 5.18%.

We’ll also be withdrawing these products at 8pm today:

  • 70% LTV Exclusive remortgage tracker.
  • All new business BTL fixed rate fee-savers.

If you’re applying for one of these products on behalf of your customer, please send us the application by 8pm today.

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 Mortgage Service Team.

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