Virgin Money launches new products and changes selected mortgage rates

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Virgin Money will be launching a number of new products as of tomorrow, Thursday 30th May.

As part of its purchase exclusive range, the lender will introduce a new 90% loan-to-value (LTV) Greener new-build 5-year fixed rate with £995 fee and £300 cashback at 4.87%.

In its product transfer range, it will add a 90% LTV residential 2-year early repayment charge (ERC) free tracker with £495 fee at 6.19%, and a 75% LTV buy-to-let 2-year ERC free tracker with £995 fee at 6.45%.

In addition, from today, Wednesday 29th May, at 8pm, Virgin Money will also be altering selected rates across a number of products.

Its 85% LTV Shared Ownership 2-year fixed rate fee saver will be increased by 0.10% to 5.39%, while its 85% LTV product transfer 2-year flexi tracker with £995 fee will be reduced by 0.24% to 6.15%.

Virgin Money has urged brokers interested in securing existing products to submit applications in full by 8pm today.

Contact one of our highly experienced mortgage advisors today on 0121 500 6316 to discuss your mortgage needs.

Full article available here

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