Virgin Money launches products, makes rate changes Mortgage Strategy

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Virgin Money has announced it will launch three products across its purchase exclusive and product transfer range tomorrow (30 May).

The purchase exclusive product is a 90% loan-to-value (LTV) greener new build five-year fix with a fee of £995 and £300 cashback with a rate of 4.87%.

There are two additions to the product transfer range including a 90% LTV residential two-year no early repayment (ERC) charge tracker with a fee of £495 at 6.19%.

The second is a 75% LTV buy-to-let (BTL) two-year ERC free tracker with a £995 fee at 6.45%.

The lender will also be making changes to two products tonight (29 May) at 8pm.

These include the 85% LTV shared ownership two-year fix fee saver which will increase to 5.39% from 5.29%.

Meanwhile, the 85% LTV product transfer two-year flexi tracker with a fee of £995 will be reduced by 0.24% to 6.15%.


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