Virgin Money is launching new mortgage products on 1 May.
The new products are as follows:
Exclusive Remortgage – Fix and Switch deals with two-year ERC:
- New 85% LTV five-year fixed rate with £1,495 fee at 5.54%.
- New 85% LTV five-year fixed rate fee-saver at 5.89%.
Virgin Money has also made the following changes:
- 85% & 90% LTV Fix and Switch purchase rates have been increased by up to 0.10%, starting from 5.27%.
- 75% LTV Fix and Switch remortgage rates have been increased by 0.10%, starting from 5.09%.
- 60% and 75% BTL Fix and Switch rates have been increased by up to 0.15%, starting from 5.07%.
- 90% LTV Exclusive purchase fixed rates have been increased by up to 0.08%, starting from 4.87%.
- Selected Exclusive remortgage fixed rates have been increased by up to 0.16%, starting from 4.54%.
- £1m+ Exclusive purchase & remortgage fixed rates have been increased by up to 0.20%, starting from 4.90%.
- Exclusive BTL fixed rates have been increased by up to 0.10%, starting from 4.07%.
- Selected Product Transfer fixed rates have been increased by up to 0.10%, starting from 4.43%.
