Virgin reduces intermediary mortgage rates

Virgin Money has reduced interest rates by up to 0.14% on a number of residential 65% LTV mortgage products from its Intermediary Exclusive range.

Related topics:  Mortgages
Rozi Jones
14th January 2015
virgin money

The revised products will be available exclusively through intermediaries registered with a Virgin Money national account.

Key changes to the Intermediary Exclusive range include a two-year fixed rate at 65% LTV reduced to 1.75%, with a £995 product fee, a three-year fixed rate at 65% LTV reduced to 2.25%, with a £995 product fee and a five-year fixed rate at 65% LTV reduced to 2.65%, with a £995 product fee.

Key changes to the Larger Loan Intermediary Exclusive range include a two-year fixed rate at 65% LTV reduced to 1.69% with a £1,495 product fee and a five-year fixed rate at 65% LTV reduced to 2.55%, with a £1,495 product fee.

The Larger Loan Intermediary Exclusives have a minimum loan size of £150,000.

Peter Rogerson, Virgin Money’s Mortgage Director said:

“Virgin Money is committed to supporting the intermediary market and borrowers in a range of situations. Our latest changes make sure we continue to offer attractive options to our intermediary partners for their low LTV clients.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.