New residential rates include a two-year fixed rate 90% LTV at 2.79%, a three-year fixed 90% LTV at 3.15%, and an 85% five-year fixed rate at 2.94%.
Virgin has also launched new intermediary exclusive buy-to-let two and five-year fixed rates at 70% LTV. Two-year fixed rates start from 2.54% and five-year fixes from 3.60%.
Intermediary exclusive buy-to-let changes include:
- Two-year fixed rate at 60% LTV reduced by 0.06% to 2.13%
- Two-year fixed rate at 60% LTV reduced by 0.10% to 2.45%
- Five-year fixed rate at 60% LTV reduced by 0.05% to 3.19%
Peter Rogerson, Virgin Money’s Commercial Director for Mortgages said:
“A good supply of housing in the private rented sector is an important part of the market, and we are delighted to support landlords with these latest improvements to our buy-to-let products, which are available through all of our intermediary partners.”
