You are here: Home - News -

Virgin Money adds deals and increases select rates

by:
  • 02/05/2023
  • 0
Virgin Money adds deals and increases select rates
Virgin Money has added remortgage and buy-to-let fixed rates and upped select fixed residential, buy-to-let and product transfer deals by up to 0.38 per cent.

The changes come into force from 8pm today.

The lender said that it would bring out exclusive remortgage fixed rates at 70 per cent loan to value (LTV) which begin from 4.15 per cent.

It will also add exclusive buy-to-let fixed rate deals at 50 per cent LTV with a £995 fee, with pricing starting from 4.65 per cent.

Virgin Money said that fixed rates would be increased by up to 0.3 per cent and begin from 4.09 per cent.

Buy-to-let fixed rates will also rise by up to 0.3 per cent and pricing will start from 4.52 per cent.

On the product transfer side, the lender said that the fixed rates would be upped by around 0.38 per cent and start from 3.99 per cent.

Virgin Money added that it had extended the deadline for its green reward offer, which gives existing customers £250 cashback for making green home improvements.

The deadline for registration is 31 December 2023 and the green reward claim deadline is 31 July 2024.

The reward is open to residential and buy-to-let customers taking product transfer with additional borrowing who then spend at least £2,500 on eligible green home improvements.

Richard Walker, head of intermediary sales at Virgin Money, said: “We’ve got great news about green reward; our sustainability initiative that rewards existing residential and buy-to-let customers with £250 cashback for making green home improvements.

“We’ve extended our deadline dates to the end of the year, allowing more customers the chance to register and take part in the scheme.”

There are 0 Comment(s)

You may also be interested in