Mortgage News
Virgin Money launches first-time buyer 90 per cent LTV mortgage
Virgin Money has launched a five-year mortgage for buyers with a 10 per cent deposit.
The deal is reserved for first-time buyers and will be available from 4 December.
The rates begin at 3.69 per cent and it comes with a fee free or £995 fee options.
The lender is also increasing select 90 and 95 per cent product transfer rates by up to 0.40 per cent.
A raft of lenders have re-entered 90 per cent LTV lending over the past week or so, with Halifax today announcing it will also be moving back into this level.
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TSB, Atom Bank and Platform are among the other lenders who have recently enhanced their product availability at 90 per cent LTV.