Sesame launches two Virgin exclusives

Sesame has launched two exclusive mortgages via Virgin Money – a 2-year fix at 2.64% and a 5-year fix at 2.24% both to 60% loan-to-value.

Sesame has launched two exclusive mortgages via Virgin Money – a 2-year fix at 2.64% and a 5-year fix at 2.24% both to 60% loan-to-value.

The 2.64% product comes with a £495 arrangement fee payable on completion. For purchase it comes with £500 cashback while remortgaging customers receive a free standard valuation and legals.

The second product it a 60% LTV 5-year fix at 2.24%. Remortgaging customers can get a free standard valuation and free legals, while it comes with a £995 fee on completion.

Rob McCoy, senior product manager at Sesame Bankhall Group, said: “These will be amongst the most competitive products in the market and will, I’m sure, be popular with our members.

“We saw at the start of the year a demand from our members and their customers for this type of 5-year product so we are delighted that Virgin Money has been able to respond with this offering.”

Peter Rogerson, commercial director for mortgages at Virgin Money, added: “Virgin Money is committed to supporting the intermediary market.

“Sesame is a valued intermediary partner and we are delighted to support the network with these new exclusive products."