Virgin Money has launched a new mortgage range that is available through all intermediaries registered with a Virgin Money national account.
Main changes:
- Intermediary Exclusive two-year fixed rate at 80% LTV now available at 2.04%, with a £995 product fee and £300 cashback on new purchases.
- Two-year fixed rate at 85% LTV now available at 2.34%, with a £995 product fee and £300 cashback on new purchases.
- Two-year fixed rate Help to Buy mortgage at 90% LTV now available at 3.44%, with no fee and £300 cashback on new purchases.
- Two-year fixed rate Help to Buy mortgage at 95% LTV now available at 4.68%, with no fee and £300 cashback on new purchases.
Key changes to the Buy-to-let range:
- New Buy-to-let two-year fixed rate at 60% LTV now available at 2.99%, with no product or application fee (minimum loan size £100,000).
- Buy-to-let three-year fixed rate at 75% LTV now available at 3.59%, with a £995 product fee and £500 cashback.
- Buy-to-let five-year fixed rate at 75% LTV now available at 4.09%, with a £995 product fee and £500 cashback.
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: “Our refreshed mortgage product range continues to reinforce Virgin Moneys strong competitive position in the mortgage market.
“Following the announcement of our intermediary promises earlier this week, these latest changes clearly demonstrate that Virgin Money is committed to providing greater choice for intermediaries and their customers, along with great service.”