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.