Virgin Money has launched new residential loans and made selected cuts of up to 21 basis points, while withdrawing a range of remortgage exclusive deals.
Highlights of the lender’s new deals and reductions include:
Remortgage exclusives, with a £995 fee and £250 cashback
- 60% loan to value two-year fixed-rate offers launched at 5.40%
- 70% LTV two-year fixed-rate loans launched at 5.49%
- 60% LTV five-year fixed-rate products launched at 4.95%
- 70% LTV five-year fixed-rate deals launched at 4.98%
- 60% LTV seven-year fixed-rate products launched at 4.95%
BTL remortgage & purchase exclusives, with a £2,195 fee
- 50% LTV five-year fixed-rate deals reduced by 21bps at 4.99%
- 60% LTV five-year fixed-rate offers reduced by 21bps at 5.01%
BTL remortgage & purchase exclusives, with a 3% fee
- 60% LTV two-year fixed-rate products reduced by 15bps at 4.72%
- 75% LTV five-year fixed-rate offers reduced by 15bps at 5.12%
- Exclusive BTL portfolio fixed-rate loans, with a 3% fee, reduced by 15bps
The lender adds that selected product transfer fixed-rate offers will be reduced by up to 14bps, with rates starting from 4.99%.
The business has also withdrawn the following offers.
Remortgage exclusives, with a £995 fee – 7 Day Specials
- 60% LTV five-year fix at 4.90%
- 70% LTV five-year fix at 4.95%
Remortgage exclusives, with a £995 fee
- 60% LTV two-year fix
- 70% LTV two-year fix
- 60% LTV seven-year fix
