Virgin Money introduces new fee-saver mortgages

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Virgin Money has withdrawn the following products at 8pm on Monday 6 January: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

 

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