Virgin Money has revised its mortgage range, with the launch of new intermediary exclusive two-year fixed rates for a limited period.
It has also made rate reductions on selected two and five-year fixed rate Help to Buy Equity Loan products.
The new intermediary exclusive products are as follows:
- Two-year residential fixed rate up to 65% LTV at 1.32% (£995 product fee, £300 cashback for purchases)
- Two-year residential fixed rate up to 90% LTV at 2.24% (£995 product fee, £300 cashback for purchases, £500 for first time buyers)
- Two-year buy-to-let fixed rate up to 60% LTV at 1.74% (£1,995 fee and £500 cashback)
Key changes to Help to Buy Equity Loan products:
- Two-year fixed rate at 80% LTV reduced to 1.95% (£995 product fee, £500 cashback for purchases)
- Five-year fixed rate at 55% LTV reduced to 2.49% (no product fee, £500 cashback for purchases)
- Five-year fixed rate at 75% LTV reduced to 2.75% (no product fee, £500 cashback for purchases)
Peter Rogerson, Virgin Money’s commercial director for mortgages said: “This update to our mortgage range ensures that we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans.”
