Virgin Money reduces residential fixed rates

Virgin Money has today made changes to its residential product range, reducing rates and launching new exclusive remortgage products.

Selected 2-year fixed rates have been reduced by up to 0.25%, while a variety of the Bank’s 5-year fixed rates have been reduced by up to 0.45%.

As well as this, Virgin have launched new remortgage deals with £500 cashback.

These deals include a new 85% loan-to-value (LTV) 2-year fixed rate with £995 fee at 5.70%.

As well as a 75% LTV 2-year fixed rate with £995 fee, that has been reduced by 0.08% to 5.35%.

Additionally, all end dates for these deals have been moved to April the 1st of the relevant year.

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