Virgin Money is launching a range of new mortgage products.
The new products will be available from 17 June 2014 for a limited period. The launch means its range of intermediary-exclusive mortgages will now total 11.
The full range of mortgages available exclusively through intermediaries registered with a Virgin Money national account will be:
Fixed rates (with a £995 product fee)
1. Two-year fixed rate at 2.05% up to 50% LTV
2. Three-year fixed rate at 2.48% up to 60% LTV
3. Three-year fixed rate at 2.79% up to 75% LTV
4. Four-year fixed rate at 2.99% up to 60% LTV
5. Four-year fixed rate at 3.29% up to 75% LTV
6. Five-year fixed rate at 3.18% up to 60% LTV
7. Five-year fixed rate at 3.48% up to 75% LTV
Fixed rates (with a £1,495 product fee)
8. Five-year fixed rate at 3.10% up to 60% LTV
Trackers (with a £995 product fee)
9. Two-year tracker at 1.78% up to 60% LTV
10. Two-year tracker at 2.09% up to 75% LTV
Buy-to-let (with a £1,995 product fee and £500 cashback)
11. Buy-to-let two-year fixed rate at 3.09% up to 60% LTV
Peter Rogerson, Virgin Money’s savings and mortgages director, said: “The new line up shows real strength throughout. There’s a solid back line with our longer term fixed rates, a good mix of creativity with defensive qualities in the midfield through our three and four-year fixes, and the attacking punch of the 2 year fixed and tracker rates up front. There is some strong opposition out there, but we’re confident we’ll perform well with this team.”
