Virgin Money launches new exclusive remortgage deals

Published on

Virgin Money has unveiled a selection of new mortgage products today.

The changes are as follows:

Exclusive remortgage deals with £500 cashback

·     NEW 65% LTV 5 Year Fixed Rate with £995 fee at 4.93%.

·     NEW 75% LTV 5 Year Fixed Rate with £995 fee at 4.98%.

·     NEW 85% LTV 5 Year Fixed Rate with £995 fee at 5.14%.

·     75% LTV 2 Year Fixed Rate with £995 fee has been reduced by 0.16% to 5.19%.

·     85% LTV 2 Year Fixed Rate with £995 fee has been reduced by 0.31% to 5.39%.

Exclusive BTL remortgage deals

·     NEW BTL 50% LTV 2 Year Fixed Rate with £3,995 fee at 5.09%.

·     NEW BTL 60% LTV 2 Year Fixed Rate with £3,995 fee at 5.19%.

·     NEW BTL 50% LTV 5 Year Fixed Rate with £3,995 fee at 4.99%.

·     NEW BTL 60% LTV 5 Year Fixed Rate with £3,995 fee at 5.09%.

The new Exclusive range may be withdrawn at any time without notice.
Core

·     NEW Freedom to Fix tracker range with £995 fee available from 3.60%.

·     65% LTV 2 and 5 year fixed rates have been reduced by up to 0.54%.

·     85% LTV 2 and 3 year fixed rates with £995 fee have been reduced by 0.11% to 5.73%.

Virgin Money said it hopes its new Freedom to Fix tracker products help customers looking for extra flexibility, giving them the option of switching to one of its fixed rate deals available at the time, ERC-free.

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

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...

CHL Mortgages cuts buy-to-let rates by up to 32bps

CHL Mortgages for Intermediaries has unveiled sweeping rate cuts across its buy-to-let mortgage range,...

The Skipton cuts rates on no-deposit mortgage

Skipton Building Society will on Monday reduce rates across several of its mortgage products,...

Latest publication

Latest opinions

A walk on the supply side

The UK government’s stated goal to build 1.5 million homes during the current parliamentary...

Don’t build in fear – quality must come before quotas

“This is my message to housebuilders: get on with it. If you promise homes,...

AI won’t replace mortgage brokers – but those who don’t adapt could be left behind, say industry leaders

Artificial intelligence is set to transform the mortgage industry but it won’t replace the...

Why the mortgage industry must digitise for the customer, not just for compliance

Home buyers today can manage their finances, verify their ID and even order a...

Other news

MAB sees revenues rise 19% as adviser productivity strengthens

Mortgage Advice Bureau has posted a robust trading update for the first half of...

Rightmove mortgage revenues double as digital growth strategy pays off

Rightmove has more than doubled the size of its mortgages business in the first...

Market Harborough eases stress tests to support wider range of residential borrowers

Market Harborough Building Society has announced a relaxation of its interest rate stress testing...