Virgin Money has announced its introduction of new mortgage products.

They will be available from Friday 11 August.

The new remortgage Exclusive deals will be available for 7 days, until 8pm on Thursday 17 August.

Remortgage Exclusives – 7 Day Special with £1,495 fee and £750 cashback*:

• New 65% LTV 2 Year Fixed Rate at 5.99%.
• New 80% LTV 2 Year Fixed Rate at 6.10%.
• New 65% LTV 5 Year Fixed Rate at 5.44%.
• New 80% LTV 5 Year Fixed Rate at 5.60%.

*These 7 Day Special Remortgage Exclusives are available until 8pm on Thursday 17 August.

BTL Remortgage Exclusives with free valuation and free legals:

• New 70% LTV 2 Year Fixed Rate with £2,195 fee at 5.88%.
• New 50% LTV 5 Year Fixed Rate with £2,195 fee at 5.32%.
• New 60% LTV 5 Year Fixed Rate with £2,195 fee at 5.37%.
• New 70% LTV 5 Year Fixed Rate with £2,195 fee at 5.52%.
• 50% LTV 2 Year Fixed Rate with £2,195 fee will be reduced by 0.14%, to 5.76%.
• 60% LTV 2 Year Fixed Rate with £2,195 fee will be reduced by 0.10%, to 5.85%.

Purchase Exclusives with free valuation:

• All fixed rates with £1,295 fee will be reduced by up to 0.16%, starting from 5.23%.

Product Transfer:

• Selected fixed rates at 65% – 85% LTV will be reduced by up to 0.11%, starting from 5.52%.

The bank is also withdrawing all 5 year fixed rates with £1,495 fee Purchase Exclusives (with free valuation).