Virgin Money reduce fixed rate mortgages by 0.20%

Virgin Money has reduced interest rates across a number of its mortgage products.

Related topics:  Mortgages
Amy Loddington
22nd June 2012
Mortgages
- Residential 2 year fixed rates available from 3.29% for both purchase and remortgage customers

- Residential 5 year fixed rates available from 3.79%

- Buy to Let fixed rates available from 3.99% - and still offering cashback of £500

- Buy to Let tracker rates available from 3.98%
 
The rate reductions will take place on Friday 22 June 2012 and will affect residential products for purchase and remortgage borrowers, as well as Buy to Let products.

Virgin Money also continues to offer its popular cashback incentive on a number of purchase products. For customers remortgaging from another lender, free standard legal services and a free basic valuation are also available for residential customers.

The Buy to Let range offers a cashback incentive of £500 on completion, in order to help customers cover the costs associated with managing their portfolio.  Fixed rate Buy to Let loans are now available from 3.99% for 2 years, or 4.99% for 5 years.
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