Virgin cuts resi rates and removes application fees

Virgin Money has reduced its residential mortgage rates and removed the £99 application fee for all residential lending products for a limited period.

Related topics:  Mortgages
Rozi Jones
7th July 2015
virgin money

Two-year fixed rates at 80% LTV are now 2.07%, 85% LTVs start from 2.09%, and the 90% LTV has been reduced to 3.49%.

The three-year fixed rate at 80% LTV is 2.39%, and a five-year fixed rate at 90% LTV is available at 3.99%.

Intermediary exclusives include a two-year fixed rate at 80% LTV reduced by 0.21% to 1.88%, and a two-year fixed rate at 85% LTV for new build customers reduced by 0.25% to 2.14%.

Peter Rogerson, Virgin Money’s Commercial Director for Mortgages said:

“We’re delighted to announce these latest improvements to our residential mortgage range which includes the removal of the £99 application fee for a limited period. We continue to develop our mortgage proposition in line with the commitments we announced earlier in the year and help borrowers across all segments of the mortgage market.”

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