Virgin Money becomes latest lender to withdraw 90% LTV products

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Virgin Money is temporarily withdrawing its 90% LTV purchase, remortgage and new build products.

It said the decision was made in order to protect its service to existing customers and applications.

The lender is still providing 85% LTV products and the 90% products will still be available for existing customers looking to do a product switch.

In a statement, Virgin Money said it hopes to be back in the 90% LTV market soon.

Yesterday, Accord Mortgages pulled its 90% range.

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