Virgin Money launches new mortgage deals

It also reduces rates on selected core products

Virgin Money launches new mortgage deals

Virgin Money has announced a new range of deals for customers looking to remortgage or move home this new year.

The lender launched new exclusive purchase deals with a £1,000 cashback and free valuation:

  • Two-year fixed rate at 85% loan-to-value (LTV) with £995 fee at 5.50%
  • Three-year fixed rate at 85% LTV with £995 fee at 5.27%
  • Five-year fixed rate at 85% LTV with £995 fee at 4.89%
  • Five-year fixed rate at 90% LTV with £995 fee at 5.15%

Also available are new exclusive remortgage deals with a £300 cashback and free valuation:

  • Two-year fixed rate fee-saver at 75% LTV with rate at 5.55%
  • Three-year fixed rate fee-saver at 75% LTV with rate at 5.31%

Under its core range, new buy-to-let 10-year fixed rate products with £995 fees have been launched from 4.49%.

Virgin Money also reduced rates on the following core products:

  • Shared ownership fixed rates at 95% LTV by up to 0.93%
  • 10-year fixed rate at 75% LTV with £995 fee by 0.39% to 4.40%
  • Selected two-, three-, and five-year product transfer rates by up to 0.75%

Complete details of Virgin Money’s current rates can be found in its latest mortgage update.

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