Virgin Money has made a series of rate reductions across its residential and buy-to-let mortgage range.
The new range will be available from Tuesday 23 March.
The reductions are as follows:
New Business:
Exclusive:
- £1,000 cashback 85% LTV 2 Year £995 fee reduced by 0.10 percentage points to 2.59% (Purchase Only)
- £1,000 cashback 90% LTV 2 Year £995 fee reduced by 0.06 percentage points to 3.23% (Purchase Only)
Core residential:
- 75% LTV 2 Year £995 fee reduced by 0.10 percentage points to 2.08%
- 85% LTV 2 Year £995 fee reduced by 0.10 percentage points to 2.54%
- 85% LTV 2 Year fee-saver reduced by 0.16 percentage points to 2.82%
- 85% LTV 3 Year £995 fee reduced by 0.06 percentage points to 2.80%
- 85% LTV 3 Year fee-saver reduced by 0.10 percentage points to 3.03%
- 85% LTV 5 Year £995 fee reduced by 0.06 percentage points to 2.80%
- 85% LTV 5 Year fee-saver reduced by 0.10 percentage points to 3.03%
- 90% LTV 2 Year £995 fee reduced by 0.06 percentage points to 3.18%
- 90% LTV 2 Year fee-saver reduced by 0.05 percentage points to 3.34%
Buy-to-let:
- 80% LTV 5 Year £995 fee reduced by 0.89 percentage points to 3.59%
Product Transfer:
Core residential:
- 85% LTV 2 Year fee-saver reduced by 0.02 percentage points to 2.82%
Buy-to-let:
- 80% LTV 2 Year £995 fee reduced by 0.06 percentage points to 3.59%
- 80% LTV 5 Year £995 fee reduced by 0.29 percentage points to 3.59%