New products and rate cuts from Virgin Money

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Virgin Money is making changes to a number of mortgage products on Tuesday 21 March.

The changes are as follows:

Buy-to-let purchase and remortgage exclusives with £300 cashback and free valuation

  • New 65% LTV 2 Year Fixed Rate with £995 fee at 4.90%.
  • New 65% LTV 5 Year Fixed Rate with £995 fee at 4.65%.

Buy-to-let

  • 60% LTV 2 year Fixed Rate with £995 fee will be reduced by 0.15% to 4.82%.
  • 60% LTV 5 year Fixed Rate with £995 fee will be reduced by 0.06% to 4.60%.
  • New 75% LTV fee-savers starting from 4.88%.
  • Selected Portfolio Landlord 60% LTV fixed rates will be reduced by up to 0.15%.

Residential Core and Exclusive

  • 95% LTV 5 year Fixed Rate fee-saver will be reduced by 0.02% to 5.02%.
  • Selected fixed rates will be reduced by up to 0.10%.

Product Transfer

  • Selected fixed rates will be reduced by up to 0.41%.

 

Meanwhile, selected Core 85% LTV residential fixed rates will be increased by up to 0.05%.

The end dates will move to August of the relevant year.