As of tomorrow, Friday 31st of March, Virgin Money is making a number of changes to its residential, buy-to-let and product transfer ranges.
These changes include a reduction of selected fixed rates by up to 0.20%, a 65% loan-to-value (LTV) 5-year fixed rate with £995 fee will be reduced by 0.15% to 3.95%, and a 65% LTV 5-year fixed rate fee-saver will be reduced by 0.10% to 4.14%.
Additionally an 85% LTV 5-year fixed rate with £995 fee will be reduced by 0.03% to 4.27%, and a 90% LTV 5-year fixed rate with £995 fee will be reduced by 0.02% to 4.47%.
As for Virgin’s buy-to-let range, a 50% LTV 2-year fixed rate with a £3,995 fee will be reduced by 0.11% to 4.07%, and a 50% LTV 5-year fixed rate with a £3,995 fee will be reduced by 0.10% to 4.10%.
Product Transfers will see a reduction of up 0.33%.
Richard Walker, head of intermediary sales at Virgin Money, said: “We have made a number of reductions across our residential and buy-to-let range supporting all segments of the market including those customers who may be looking to make the next step on the housing ladder.
“For those customers looking for longer term security we have a new 5-year fixed rate at sub 4% at 65% LTV.”
