Virgin Money revamps resi range

Virgin Money has announced a number of changes to its residential mortgage range, which include rate reductions of up to 0.45% and is available from tomorrow.

Related topics:  Mortgages
Rozi Jones
21st April 2015
virgin money

Two-year fixed rates at 85% LTV have been reduced by 0.15% to 2.39%, and at 90% LTV by 0.34% to 3.45%.

Virgin's three-year fixed rate at 70% LTV is now 2.19%, while the 75% LTV has been reduced by 0.25% to 2.89% with a fee saver option.

The three-year fix for remortgage customers with a 35% deposit has been cut by 0.40% to 1.99%, and the five-year fix to 2.39%.

The 75% LTV five-year fixed rate is now 3.39%, while the 90% LTV is 3.98%, both with fee saver options.

The Intermediary Exclusive range offers a five-year fixed rate at 65% LTV reduced by 0.05% to 2.34% (£1,495 product fee, remortgage only).

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

“Virgin Money continues to support borrowers in a variety of situations, from those with smaller deposits purchasing a property to those remortgaging to secure an attractive new product. The latest changes to our residential product range ensure that we continue to offer attractive options to borrowers across the market.”

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