Virgin launches new mortgage range and withdraws Fix & Switch products

Virgin is launching new purchase, remortgage and product transfer deals to replace its previous ranges.

Related topics:  Virgin Money,  Mortgage rates
Rozi Jones | Editor, Financial Reporter
27th October 2025
Virgin Money

Virgin Money has announced a series of changes to its residential and buy-to-let product ranges.

Available from tomorrow, Virgin is launching new purchase, remortgage and product transfer deals.

New two-year ERC tracker rates will launch, available from 4.29% with a £999 fee and 4.99% fee-free.

New two and five-year fixed rates with a £999 fee have launched, from 4.22% and 4.27% respectively, alongside new shared ownership products from 4.18%.

In its remortgage range, new tracker rates start from 4.19% and two and five-year fixed rates are available from 3.99% and 4.04%.

New product transfer deals include two-year trackers from 4.14% and two-year fixed rates starting from 3.79% with a £1,999 fee and 3.89% with a £999 fee. Three-tear fixes start from 3.99% with a £999 fee, with five-year rates from 3.86% with a £1,999 fee or 3.94% with a £999 fee, and 10-year fixed rates launching from 4.49%.

Selected two, three and five-year fixed rate fee-saver product transfer rates will increase by up to 0.20% or reduce by up to 0.21%.

As part of the new mortgage range, Virgin has announced that its Fix & Switch products will be withdrawn across purchase, remortgage and buy-to-let, alongside its two-year Freedom to Fix tracker rates.

In addition, the lender's existing rates with a £995 fee will be withdrawn to be replaced with the new fee-paying products.

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