Virgin Money unveils new three-year fixes

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Virgin Money is to introduced new fixed rates at high LTVs.

On Wednesday 14 April, the bank is launching new three-year fixed rates at 85% and 90% LTV, available at the same price as its two-year fixed rates.

In addition, Virgin Money is launching a new exclusive deal at 85% LTV with £1,000 cashback.

Details are as follows:

Exclusive purchase deals with £1,000 cashback:

  •   New 85% LTV 5 Year Fixed Rate with £995 fee at 2.79%
  •   90% LTV 2 Year Fixed Rate with £995 fee will be reduced to 3.18%

Core:

  •   NEW ‘3 for 2’ 90% LTV 3 Year Fixed Rate fee-saver at 3.34%
  •   ‘3 for 2’ 85% LTV 3 Year Fixed Rate fee-saver will be available at 2.77%
  •   90% LTV 2 Year Fixed Rate with £995 fee will be reduced to 3.09%
  •   Selected 85% LTV fixed rates will be reduced by up to 0.26 basis points (bps)
  •   Selected BTL fixed rates will be reduced by 0.12bps

Product Transfer:

  •   90% LTV 3 Year Fixed Rate fee-saver will be reduced to 3.34%
  •   Selected 85% LTV fixed rates will be reduced by up to 0.12bps.

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