Virgin Money has added a broker exclusive two-year fixed rate and three-year fixed rate at 90 per cent LTV to its range.
The lender said it was bringing back the exclusive two-year fixed rate from tomorrow. It was initially launched in February and withdrawn in May.
The product has a rate of 1.99 per cent and comes with £1,000 cashback.
It has also introduced a three-year fixed rate with the same rate and a £995 fee.
According to its intermediary website, there are 17 products at the 90 per cent LTV tier, which includes purchase and remortgage, shared ownership, green shared ownership, product transfer and tracker products.
Lenders pulled back from higher LTV lending during the pandemic as it was perceived as a greater risk.
Since then, lenders have re-entered the space, with 90 per cent LTV products rising from 62 in September to 579 this month.
Virgin Money came back into the 90 per cent LTV space in December with a five-year fixed rate and continued to add options to its range throughout the year.
Earlier this year the lender announced that it had broadened the eligibility of its 90 per cent LTV mortgages to movers and remortgagors.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
