You are here: Home - News -

Virgin Money adds exclusives and slashes rates; Coventry BS lowers rates – round-up

by:
  • 29/11/2023
  • 0
Virgin Money adds exclusives and slashes rates; Coventry BS lowers rates – round-up
Virgin Money has released exclusive purchase and remortgage exclusives and lowered rates across several ranges.

The lender has brought out six remortgage exclusives with free valuation and legals at 60 and 70 per cent loan to value (LTV).

This includes a two-year fixed rate with £995 fee at 5.12 per cent and 5.17 per cent at 70 per cent LTV.

Its five-year fixed rate with £995 fee at 60 per cent LTV is priced at 4.7 per cent and at 70 per cent LTV the rate is 4.8 per cent.

The firm has also added a five-year fixed rate fee-saver at 60 per cent LTV at 4.8 per cent and at 70 per cent LTV this rises to 4.98 per cent.

Virgin Money has added purchase exclusives with £500 cashback, including a two-year fixed rate at 85 per cent LTV with £1,295 fee at 5.23 per cent. Its five-year fixed ate equivalent is 4.69 per cent.

The company has also added purchase exclusives with £300 cashback including a two-year fixed rate fee-saver at 85 per cent LTV at 5.51 per cent and its five-year fixed rate fee-saver is 4.83 per cent.

The lender has released four product transfer fixed rates with a £1,495 fee. This covers a two-year fixed rate at 65 per cent LTV at 4.84 per cent and at 75 per cent LTV this increases to 4.94 per cent.

Its five-year fixed rate at 65 per cent LTV is 4.74 per cent and at 75 per cent LTV this goes up to 4.84 per cent.

Purchase exclusives have been cut by up to 0.18 per cent with rates beginning from 4.42 per cent.

Buy-to-let exclusives have been reduced by up to 0.28 per cent with rates starting from 4.62 per cent.

Product transfer residential fixed rates have been cut by up to 0.16 per cent, with rates priced from 4.79 per cent.

Product transfer buy-to-let fixed rates have been reduced by up to 0.20 per cent, with rates beginning from 5.23 per cent.

 

Coventry BS cuts rates

Coventry Building Society will lower rates across its residential and buy-to-let ranges from 8pm on 30 November.

In its residential and buy-to-let range range, the firm is reducing all fixed rates for new and existing borrowers.

For existing borrowers, it is closing all five-year flex fixed rates.

There are 0 Comment(s)

You may also be interested in