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 LOWER RATES WITH £1,000 CASHBACK

We’ve got good news. Due to popular demand, we’re extending the availability of our £1,000 cashback Exclusive purchase deals. And even better, from tomorrow, we’re lowering the rates on some of these deals and making reductions across our Core and Product Transfer ranges.

Exclusive purchase deals with £1,000 cashback
 
  • 75% LTV 5 Year Fixed Rate with £995 fee will be reduced to 1.74%.
  • 85% LTV 2 Year Fixed Rate with £995 fee will be reduced to 2.69%.
Core
 
  • Selected 65% LTV fixed rates will be reduced by up to 0.31%.
  • Selected 75% LTV fixed rates will be reduced by up to 0.14%.
  • Selected 85% LTV fixed rates will be reduced by up to 0.05%.
  • Selected 90% LTV FTB fixed rates will be reduced by up to 0.07%.
  • Selected Shared Ownership fixed rates will be reduced by up to 0.31%.
 

Our 90% LTV FTB range is not available for flat, maisonette or new build purchases.

Product Transfer
 
  • 65% LTV 5 year fixed rates will be reduced by up to 0.04%.
  • 75% LTV 5 Year Fixed Rate with £995 fee will be reduced to 1.68%.
  • Selected Shared Ownership fixed rates will be reduced by up to 0.31%.
 

The end dates will move to 1 July of the relevant year.

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.

The team at Virgin Money

Share this:

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top