Virgin Money has launched a new mortgage range that is available through all intermediaries registered with a Virgin Money national account.
Key changes to the general product range:
- Two-year fixed rate at 65% LTV now available at 1.59%, with a £995 product fee.
- Two-year fixed rate at 80% LTV now available at 2.04%, with a £995 product fee and £300 cashback (cashback with purchase only).
- Two-year fixed rate at 85% LTV now available at 2.39%, with a £995 product fee and £300 cashback (cashback with purchase only).
- Two-year fixed rate New Build special at 85% LTV now available at 2.34%, with a £995 product fee and £500 cashback.
Key changes to the Larger Loan product range:
- Two-year fixed rate at 65% LTV now available at 1.49%, with a £1,495 product fee.
- Four-year fixed rate at 65% LTV now available at 2.25%, with a £995 product fee.
- Five-year fixed rate at 65% LTV now available at 2.29%, with a £1,495 product fee.
The Larger Loan products have a minimum loan size of £150,000.
Virgin Money is also continuing to waive the £99 application fee on selected 65%, 70% and 75% LTV intermediary products, for a limited period only.
Peter Rogerson, Virgin Money’s mortgage director said: “We continue to offer attractive mortgage options to customers and we expect demand to be high as these are some of the most competitive rates available in the current market.
“Our updated range continues to demonstrate that Virgin Money is committed to supporting intermediaries and the mortgage market.”