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Sesame launches 75% deals with Virgin Money

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  • 08/10/2012
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Sesame launches 75% deals with Virgin Money
Appointed representatives of the Sesame network have access to two fixed rate exclusives from Virgin Money at 75% Loan to Value (LTV).

The first product is available at a rate of 3.59% which is fixed until 1 January 2015, the second product is at a rate of 3.89% and fixed until 1 January 2018.

Both deals include a product fee of £495 and a non-refundable application fee of £99. The products are available to new and existing customers.

Robert McCoy, senior product and communications manager at Sesame, said: “We are grateful to Virgin Money for providing these products at a time when our advisers are revisiting those clients sitting on standard variable rates.

“These exclusive products are excellent additions for our members to show these clients how they can give them security in the knowledge that their mortgage payment will not increase over the two or five year period and may even be able to save them money over the fixed period.”

Richard Tugwell, head of intermediaries at Virgin Money added: “These exclusive products provide additional choice to those customers seeking the certainty and security of fixed rates, rather than variable rates which could go up in the future. Our intermediary partners are at the heart of Virgin Money’s mortgage business, and we are therefore pleased to be able to offer these products through the Sesame network.”

 

 

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