New Northern Rock two-year fix

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Virgin Money

Virgin Money is launching a new fixed rate deal which will be available from Friday 31 August.

The Northern Rock-branded product is a two-year fixed rate and will be available for remortgage customers up to 55% LTV.

It comes with a product fee of £1,095.

Customers remortgaging from another lender will benefit from free standard legal services and a free basic valuation.

The deal will be available exclusively through mortgage intermediaries who are registered with a National Account with Northern Rock.

“The relationships we have with our intermediary partners remain at the heart of our mortgage business,” said Richard Tugwell, intermediary sales director at Virgin Money.

“This new deal demonstrates our commitment to offer attractive products to customers, and that we will not favour direct business over the intermediary channel.”

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