The broker exclusive is a two-year fixed rate of 1.19% for remortgage customers with a maximum 50% loan-to-value (LTV), minimum loan size of £300,000 and has a £1,995 fee.
It has also added five fixed-rate residential products and two fixed-rate buy-to-let mortgages – available through brokers and direct.
Virgin Money director of mortgages Peter Rogerson (pictured) said: “We have made further improvements across our mortgage range as we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans.”
The new products available from today are:
Residential products:
- Two-year fixed rate at 65% LTV reduced to 1.28% (£995 product fee)
- Two-year fixed rate at 80% LTV reduced to 1.44% (£995 product fee)
- Two-year fixed rate at 85% LTV reduced to 1.52% (£995 product fee)
- Five-year fixed rate at 65% LTV reduced to 1.82% (£995 product fee)
Buy-to-let products:
- Five-year fixed rate at 70% LTV reduced to 2.94% (£995 product fee)
- Five-year fixed rate at 75% LTV reduced to 2.99% (£995 product fee)