Virgin Money makes further changes to residential and buy-to-let ranges

Virgin Money will be launching new products in both its residential and buy-to-let ranges from tomorrow, Friday the 9th of December.

These changes see the introduction of a new exclusive purchase deal with free valuation, including 5-year fixed rates with £995 fee, up to 85% loan-to-value (LTV), launched from 4.64%.

Additionally, the bank is also launching exclusive remortgage deals with cashback, including new 5-year fixed rate fee savers, up to 75% LTV, at 4.69%, and 5-year fixed rates with £995 fee reduced by up to 0.34%.

As for its buy-to-let offerings, Virgin will be introducing new exclusive buy-to-let remortgage deals, including new 2-year tracker rates with £3,995 fee, from 3.30%, as well as 5-year fixed rates with £3,995 fee, reduced by up to 0.25%.

Furthermore, its residential 5- and 10-year fixed rates will be reduced by up to 0.31%.

Buy-to-let 5-year fixed rates will be reduced by up to 0.71%.

And buy-to-let 2-year tracker rates with £995 fee, up to 75% LTV, will be launched from 3.90%.

These new offerings will be available from tomorrow and details of which can be found in Virgin’s Mortgage Update.

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