Virgin Money cuts buy-to-let and residential rates

Published on

Virgin Money is making a number of reductions across its residential and buy-to-let mortgage range.

The changes take effect from Thursday 9 September.

Some of the changes include the following:

Exclusive purchase deals with £1,000 cashback

  • 85% LTV 2 Year Fixed Rate with £1,495 fee reduced to 1.63%.
  • 85% LTV 5 Year Fixed Rate with £1,495 fee reduced to 2.11%.

Exclusive BTL

  • New 65% LTV 2 Year Fixed Rate with £895 fee launched at 1.46%.
  • New 65% LTV 5 Year Fixed Rate with £895 fee launched at 1.67%.

Greener Shared Ownership

  • New 90% LTV 2 Year Fixed Rate with £995 fee launched at 2.24%.

Core Residential

  • 95% LTV 2 Year Fixed Rate fee-saver is available at 3.12%.
  • 90% LTV 5 Year Fixed Rate with £995 fee is available at 2.62%.
  • 85% LTV 2 Year Fixed Rate fee-saver is available at 1.89%.
  • 85% LTV 5 Year Fixed Rate fee-saver is available at 2.29%.

Core BTL

  • 75% LTV 2 Year Fixed Rate with £1,995 fee is available at 1.35%.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Skipton to cut residential rates and revive three-year fixes

Skipton Building Society is cutting rates across parts of its residential mortgage range from...

The Leek lowers mortgage rates across residential and specialist products

Leek Building Society is cutting mortgage rates across parts of its residential, shared ownership,...

Fleet Mortgages adds two-year tracker products to buy-to-let range

Fleet Mortgages has launched three new two-year tracker mortgages at 75% loan-to-value across its...

Norton Home Loans provides remortgage on PRC home in Southampton

Norton Home Loans has completed a £218,000 remortgage for joint applicants in Southampton, allowing...

Scotland attracts rising interest from GCC property buyers

Scotland is becoming an increasingly popular destination for Gulf buyers looking at UK property,...

Latest publication

Other news

Skipton to cut residential rates and revive three-year fixes

Skipton Building Society is cutting rates across parts of its residential mortgage range from...

The Leek lowers mortgage rates across residential and specialist products

Leek Building Society is cutting mortgage rates across parts of its residential, shared ownership,...

Fleet Mortgages adds two-year tracker products to buy-to-let range

Fleet Mortgages has launched three new two-year tracker mortgages at 75% loan-to-value across its...