Virgin Money new purchase exclusives with free valuations

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Virgin Money is launching new products tomorrow (Friday 22 November).

It has also increased a series of fixed rates.

The new deals are as follows:

Purchase Exclusives with free valuation

  • New 80% LTV 2 Year Fixed Rate with £895 fee will be launched at 4.59%.
  • New 80% LTV 2 Year Fixed Rate fee-saver will be launched at 4.85%.
  • New 80% LTV 5 Year Fixed Rate with £895 fee will be launched at 4.34%.
  • New 80% LTV 5 Year Fixed Rate fee-saver will be launched at 4.51%.

The end dates will move to 1 February of the relevant year.

It has also made the following changes:

  • Selected 85% and 90% LTV 2 and 5 year fixed rates have been increased by up to 15 basis points (bps).
  • Own New 85% and 90% LTV 2 and 5 year fixed rates have been increased by up to 10bps.
  • Retrofit Boost 85% LTV 5 year fixed rates have been increased by 5bps.
  • Selected Shared Ownership 2 and 5 year fixed rates will be reduced by up to 13bps.

 

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