Virgin Money has made a series of changes across its residential and buy-to-let mortgage range.
The new range will be available to purchase and remortgage customers from 23 July 2013.
Key residential changes:
60% LTV changes:
- A two-year Everyday fixed rate is now available at 2.13% with a £995 product fee
- A two-year Everyday fixed rate Fee Saver Option is now available at 2.49%
70% LTV changes:
- A two-year Everyday fixed rate is now available at 2.19% with a £995 product fee
- A two-year Everyday fixed rate Fee Saver Option is now available at 2.59%
- A three-year Everyday fixed rate Fee Saver Option is now available at 2.74%
- A five-year Everyday fixed rate is now available at 2.99% with a £995 product fee
- A two-year Everyday Tracker is now available at 2.19% with a £995 product fee
80% and 85% LTV changes:
- A two-year Everyday fixed rate at 80% LTV with £300 cash back is now available at 3.05% with a £995 product fee
- A two-year Everyday fixed rate at 85% LTV with £300 cash back is now available at 3.49% with a £995 product fee
Buy-to-let changes:
- A two-year Everyday fixed rate with £750 cash back is now available at 2.99% with a 2.5% product fee
Peter Rogerson, commercial director for mortgages and savings at Virgin Money, said: “We are delighted to announce these improvements to our mortgage range, which will support borrowers in a range of situations: from the existing borrower remortgaging their property, to someone buying a house with a smaller deposit, and landlords buying a property to rent out.
“We remain committed to offering attractive products and putting our customers at the heart of all we do.”
