virgin money

Virgin Money withdraws all exclusive fixed rate mortgages

Virgin Money is set to withdraw all its exclusive fixed rate mortgages later this evening.

The lender confirmed that all exclusives will be withdrawn as of 8pm tonight.

It is also making changes to its core range with the vast majority of its fixed rate fee-saver products being increased by 0.20%.

Virgin’s 65% loan-to-value (LTV) 2-, 3- and 5-year fixed rate fee-saver products will be increased by 0.10%.

The rate increases also come into effect at 8pm this evening. Brokers are advised to send in applications as soon as possible if they are applying for one of the products due to change.

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