You are here: Home - News -

Virgin Money launches high LTV three-year fixes at two-year rates and broker exclusives

by:
  • 13/04/2021
  • 0
Virgin Money launches high LTV three-year fixes at two-year rates and broker exclusives
Virgin Money has overhauled its mortgage offering with special high loan to value (LTV) products introduced and rates cut.

 

The lender has introduced a pair of three-year fixed zero fee mortgages at the same rate as the matching two-year versions.

They are a 90 per cent LTV deal at 3.34 per cent and an 85 per cent LTV product at 2.77 per cent.

Virgin Money said the deals would allow “customers to benefit from an extra year’s peace of mind for no additional cost.”

A pair of broker exclusives with £1,000 cashback and £995 fee have also been made available with a two-year fix at 90 per cent LTV cut by five basis points (bps) to 3.18 per cent, and an 85 per cent LTV added at 2.79 per cent.

Elsewhere five core residential deals at either 85 or 90 per cent LTV have had rate cuts by between four and nine bps.

This includes the two-year fixed at 90 per cent LTV with £995 fee reduced by nine bps to 3.09 per cent.

While four buy-to-let and a further four owner occupier product transfer rates have also been trimmed by up to 12bps.

 

There are 0 Comment(s)

You may also be interested in

Read previous post:
Andy Haldane
Bank of England chief economist resigns after 32 years

Andy Haldane, chief economist of the Bank of England and member of the Monetary Policy Committee, will step down from...

Close