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 fixed rate products and increasing selected rates

We wanted to let you know that we’re launching the following Virgin Money products on Friday 26 May.

Exclusive BTL
  • NEW BTL 50% & 60% LTV fixed rates with £2,195 fee from 4.27%.
Core
  • NEW Shared Ownership 65% & 75% LTV fixed rates from 4.11%.
  • NEW Residential 80% LTV fixed rates from 4.37%.
  • NEW BTL 80% LTV Fixed Rate at 5.20%.

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

Exclusives
  • BTL Tracker Rates with £3,995 fee will be withdrawn.
  • Selected Residential and BTL fixed rates will be increased by up to 0.12%.
Core and Product Transfer
  • Selected Residential fixed rates will be increased by up to 0.06%.
  • Selected Product Transfer fixed rates will be increased by up to 0.10%.

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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