The lender made changes to its residential and buy-to-let mortgage range
Virgin Money has launched new products and reduced the rates on some of its fixes today, December 9.
New five-year fixed rates with a £995 fee up to 85% LTV are available from 4.64% under the lender’s exclusive purchase deal with free valuation.
Five-year fixed rate fee savers up to 75% LTV at 4.69% are now part of its remortgage with cashback range, while two-year tracker rates with a £3,995 fee from 3.30% are available under its buy-to-let remortgage offering.
New buy-to-let two-year tracker rates with £995 fee up to 75% LTV from 3.90% have also become part of its core product range.
Five-year fixed rates with a £995 fee under remortgage deals with cashback were reduced by up to 0.34%. In the buy-to-let remortgage range, five-year fixes with a £3,995 fee were cut by up to 0.25%.
Under the core product range, residential five- and 10-year fixed rates were slashed by up to 0.31%, while buy-to-let five-year fixes were reduced by up to 0.71%.
The complete product details reflecting the latest changes can be found on Virgin Money’s mortgage product update.