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Virgin Money withdraws exclusive deals and ups PT rates

Anna Sagar
Written By:
Posted:
October 24, 2023
Updated:
October 24, 2023

Virgin Money has withdrawn a range of purchase and remortgage exclusives and lowered product transfer rates.

The lender has removed its two-year fixed rate purchase exclusive with £1,295 fee at 65, 75 and 85 per cent loan to value (LTV), along with five-year fixed rates at the same LTV tiers.

Virgin has also taken down its two-year fixed rate purchase exclusive fee-savers at 65, 75 and 85 per cent LTV and five-year fixed rates at the same LTV levels.

On the remortgage side, the company has withdrawn a duo of two and five-year fixed rate remortgage exclusives with £995 fee and £250 cashback at 60 and 70 per cent LTV.

The lender’s seven-year fixed rate at 60 per cent LTV in this range has also been removed.

Virgin Money has also taken down two of its remortgage exclusive fee-savers with £250 cashback deals. This includes its two and five-year fixed rate at 60 per cent LTV.

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The firm has also increased selected Product Transfer fixed rates by 0.10 per cent, with rates starting from 4.99 per cent.