New Help to Buy Scotland deals from Virgin Money

Published on

Virgin Money has launched a new range of Help to Buy Equity Loan products to support Scotland’s Help to Buy scheme. 

The 80% LTV Help to Buy Equity Loan products include:

  • Two-year fixed rate available at 2.04% (£995 product fee, £500 cashback)
  • Five-year fixed rate available at 2.79% (£995 product fee, £500 cashback)

A new ‘Stamp Duty Buster’ range has also been launched, with £2,500 cashback, designed to help cover Stamp Duty as well as other costs. The products are a two-year fixed rate at 80% LTV available in Scotland at 2.95% (£995 product fee, £2,500 cash back) and a five-year fixed rate at 80% LTV available in Scotland at 3.65% (£995 product fee, £2,500 cash back).

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “These new Help to Buy Equity Loan products demonstrate our support for people who want to realise their dream of owning their own home. The new products are designed specifically to support Scotland’s Help to Buy scheme.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...