Virgin Money is reducing the rates on selected remortgage and purchase exclusives on Tuesday 1 August.
The reduced remortgage exclusive deals will be available for 7 days, until 8pm on Tuesday 7 August.
The lender says that it hopes this extended period of availability gives brokers extra time to review the reduced rates with their customers and submit a case.
Remortgage Exclusives – 7 Day Special:
- 70% LTV 2 Year Fixed Rate with £1,495 fee and £500 cashback will be reduced by 0.16% to 5.90%.
- 70% LTV 5 Year Fixed Rate with £1,495 fee and £500 cashback will be reduced by 0.19% to 5.40%.
- 50% LTV 5 Year BTL Fixed Rate with £2,195 fee will be reduced by 0.06% to 5.30%.
- 60% LTV 5 Year BTL Fixed Rate with £2,195 fee will be reduced by 0.06% to 5.35%.
- 75% LTV 5 Year BTL Fixed Rate with £2,195 fee will be reduced by 0.11% to 5.55%.
These 7 Day Special Remortgage Exclusives are available until 8pm on 7 August.
Purchase Exclusives with free valuation and £1,295 fee:
- 65% LTV 2 Year Fixed Rate will be reduced by 0.35% to 5.80%.
- 75% LTV 2 Year Fixed Rate will be reduced by 0.30% to 5.85%.
- 85% LTV 2 Year Fixed Rate will be reduced by 0.18% to 6.03%.
- 90% LTV 2 Year Fixed Rate will be reduced by 0.14% to 6.20%.
- 65% LTV 5 Year Fixed Rate will be reduced by 0.41% to 5.25%.
- 75% LTV 5 Year Fixed Rate will be reduced by 0.39% to 5.27%.
- 85% LTV 5 Year Fixed Rate will be reduced by 0.26% to 5.50%.
- 90% LTV 5 Year Fixed Rate will be reduced by 0.15% to 5.65%.
Product Transfer:
- 65% & 75% LTV 2 Year Fixed Rates will be reduced by up to 0.08%, starting from 6.13%.
