Available at 80% LTV, the two-year fixed rate is available from 2.04% and the five-year fix from 2.79%, both with a £995 product fee and £500 cashback.
A new ‘Stamp Duty Buster’ range has also been launched, with £2,500 cashback, designed to help cover Stamp Duty as well as other costs.
The two year fix is available from 2.95% and the five-year fix from 3.65%.
Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said:
“These new Help to Buy Equity Loan products demonstrate our support for people who want to realise their dream of owning their own home. The new products are designed specifically to support Scotland’s Help to Buy scheme.”
