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Virgin Money has withdrawn the following products at 8pm on Monday 6 January: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

 

Latest POLL

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

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...

HTB appoints Alexia Evans as lending director to strengthen development finance team

Hampshire Trust Bank (HTB) has appointed Alexia Evans as lending director within its development...

Other news

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Rosemount Financial Solutions announces senior promotions

Rosemount Financial Solutions (IFA) has announced a series of senior promotions as the growing...

L&G adds Harpenden Building Society to surveying services panel

Legal & General (L&G) has expanded its Mortgage Services business with the addition of...
Advertisement