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 Purchase Exclusives and reduced residential rates

We wanted to let you know that we’re launching a new range of purchase Exclusives on Friday 20 January, supporting homemovers with lower rates and offering a free valuation incentive.

Exclusive Purchase deals with free valuation
NEW 65% LTV 5 Year Fixed Rate with £1,495 fee will be launched at 4.28%.
NEW 75% LTV 5 Year Fixed Rate with £1,495 fee will be launched at 4.33%.
NEW 85% LTV 5 Year Fixed Rate with £1,495 fee will be launched at 4.57%.
NEW 90% LTV 5 Year Fixed Rate with £1,495 fee will be launched at 4.70%.

What’s more, we’re reducing our residential fixed rates by up to 0.73%.

Exclusive Purchase deals with £1,000 cashback and free valuation
75% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.04% to 4.45%.
85% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.08% to 4.67%.
90% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.11% to 4.77%.
85% LTV 2 and 3 year fixed rates with £995 fee will be withdrawn.
Exclusive Remortgage deals with £500 cashback and free valuation
65% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.59% to 4.60%.
75% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.54% to 4.65%.
85% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.49% to 4.90%.
65% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.14% to 4.25%.
75% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.14% to 4.30%.
85% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.19% to 4.50%.
Product Transfer
65% LTV 2 Year Fixed Rate with £995 fee will be reduced by 0.39% to 4.60%.
65% LTV 2 Year Fixed Rate fee-saver will be reduced by 0.21% to 4.94%.
65% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.19% to 4.30%.
65% LTV 5 Year Fixed Rate fee-saver will be reduced by 0.13% to 4.46%.
65% LTV 7, 10 and 15 year fixed rate fee-savers will be reduced by 0.30% to 4.29%.

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