Virgin Money launches sub-2% three-year fixed range

Virgin Money has updated its mortgage range with a number of rate reductions on its three and five-year fixed rate residential mortgages.

Related topics:  Mortgages
Rozi Jones
11th August 2016
virgin money
"We’re delighted to reduce fixed rates on a number of our three and five year mortgage deals across a range of LTVs."

Three-year fixes are now available from 1.79% at 65% LTV, 1.98% at 70% LTV and 1.99% at 75% LTV, all with a £995 product fee.

Five-year fixed rates now start from 2.09% at 65% LTV, 2.29% at 70% LTV and 2.34% at 75% LTV.

All products will be available from Friday 12 August.

Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said: “We’re delighted to reduce fixed rates on a number of our three and five year mortgage deals across a range of LTVs. This follows our decision to pass on the full benefit of the Bank of England base rate cut to customers paying our Standard Variable Rate.”

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