Virgin Money is reducing selected rates and launching a new range of exclusive products as of tomorrow, Wednesday 27 September.
Exclusive remortgage fixed rates will be reduced by up to 0.18%, core residential and buy-to-let rates will be reduced by up to 0.38%, while selected product transfer fixed rates will see a reduction of up to 0.26%.
As for new remortgage exclusives, Virgin will introduce selected fixed rates up to 70% loan-to-value (LTV) with £995 fee, £1,500 cashback and free valuation at 5.38%.
The lender is also launching buy-to-let portfolio remortgage and purchase exclusives with 3% fee including a 60% LTV 2-year fixed rate at 5.17%, a 75% LTV 2-year fixed rate will at 5.22%, a 60% LTV 5-year fixed rate at 5.27% and a 75% LTV 5-year fixed rate at 5.57%.
For its purchase exclusives fixed rates with £1,295 fee will be reduced by up to 0.17%, starting from 4.82% and fixed rate fee-savers with free valuation reduced by up to 0.13%, starting from 5.09%.
