Virgin Money introduces new fee-saver mortgages

Published on

Virgin Money is adding new mortgage products and withdrawing existing deals.

The lender is making the following changes on Tuesday 7 January:

Exclusive Fix and Switch Shared Ownership with free valuation
  • NEW 85% LTV Fixed Rate fee-saver will be launched at 4.87%.
  • NEW 90% LTV Fixed Rate fee-saver will be launched at 5.19%.
  • NEW 95% LTV Fixed Rate fee-saver will be launched at 5.53%.
Purchase
  • 85% LTV 5 Year Fixed Rate with £995 fee will be increased by 3 basis points to 4.46%.

Virgin Money has withdrawn the following products at 8pm on Monday 6 January:

Exclusive Professional
  • 90% LTV 5 Year Fixed Rate fee-saver at 4.85%.
Exclusive Retrofit Boost
  • 85% LTV 7 Year Fixed Rate with £995 fee at 5.74%.
  • 85% LTV 10 Year Fixed Rate with £995 fee at 5.94%.
  • 75% LTV BTL 7 Year Fixed Rate with £995 fee at 6.09%.
  • 75% LTV BTL 10 Year Fixed Rate with £995 fee at 6.29%.
Product Transfer
  • 90% LTV 7 Year Fixed Rate fee-saver at 5.19%.
  • 90% LTV 15 Year Fixed Rate with £995 fee at 5.19%.

 

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...