Virgin Money has cut interest rates on a number of residential 65% LTV mortgage products from its Intermediary Exclusive range.
Key changes to the Intermediary Exclusive range:
- Two-year fixed rate at 65% LTV reduced to 1.75%, with a £995 product fee.
- Three-year fixed rate at 65% LTV reduced to 2.25%, with a £995 product fee.
- 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:
- Two-year fixed rate at 65% LTV reduced to 1.69% with a £1,495 product fee.
- 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.”
