Virgin Money has launched a range of 7-day purchase and remortgage exclusives and has cut rates on other selected products by up to 25 basis points.
The high street lender says its exclusive range, available until 8pm on 20 November, covers:
Remortgage exclusives – 7-day special, with a £995 fee
- 60% LTV five-year fixed-rate loans will be launched at 4.70%
- 70% LTV five-year fixed-rate loans will be launched at 4.80%
Purchase exclusives – 7-day special fee-savers, with £500 cashback
- 90% LTV two-year fixed-rate loans will be launched at 5.85%
- 90% LTV five-year fixed-rate loans will be launched at 5.16%
The lender’s rate reductions include:
- Purchase exclusives, with a £1,295 fee will be cut by up to 11bps, with rates starting from 4.58%
- Buy-to-let remortgage and purchase exclusives, with a £2,195 fee will be cut by up to 24bps, with rates starting from 4.81%
- BTL remortgage and purchase exclusives, with a 1% fee will be cut by up to 15bps, with rates starting from 4.99%
- Product transfer residential fixed rates will be reduced by up to 25bps, with rates starting from 4.86%
- Product transfer BTL fixed rates will be reduced by up to 20bps, with rates starting from 5.23%
