Virgin Money unveils new deals

Published on

Virgin Money has launched a new mortgage range that is available through all intermediaries registered with a Virgin Money national account.

Key changes to the general product range:

  • Two-year fixed rate at 65% LTV now available at 1.59%, with a £995 product fee.
  • Two-year fixed rate at 80% LTV now available at 2.04%, with a £995 product fee and £300 cashback (cashback with purchase only).
  • Two-year fixed rate at 85% LTV now available at 2.39%, with a £995 product fee and £300 cashback (cashback with purchase only).
  • Two-year fixed rate New Build special at 85% LTV now available at 2.34%, with a £995 product fee and £500 cashback.

Key changes to the Larger Loan product range:

  • Two-year fixed rate at 65% LTV now available at 1.49%, with a £1,495 product fee.
  • Four-year fixed rate at 65% LTV now available at 2.25%, with a £995 product fee.
  • Five-year fixed rate at 65% LTV now available at 2.29%, with a £1,495 product fee.

The Larger Loan products have a minimum loan size of £150,000.

Virgin Money is also continuing to waive the £99 application fee on selected 65%, 70% and 75% LTV intermediary products, for a limited period only.

Peter Rogerson, Virgin Money’s mortgage director said: “We continue to offer attractive mortgage options to customers and we expect demand to be high as these are some of the most competitive rates available in the current market.

“Our updated range continues to demonstrate that Virgin Money is committed to supporting intermediaries and the mortgage market.”

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

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...