Virgin Money is reducing its exclusive rates as of today, Tuesday the 31st of January, in a bid to support homemovers and remortgage customers with lower prices.
Some reductions on exclusive purchase deals with free valuation include a 65% loan-to-value (LTV) 5-year fixed rate with £1,495 fee reduced by 0.11% to 4.17%, and a 90% LTV 5-year fixed rate with £1,495 fee reduced by 0.05% to 4.65%.
Exclusive purchase deals with £1,000 cashback and free valuation also benefit from the reduction, with rates including a 75% LTV 5-year fixed rate with £995 fee reduced by 0.11% to 4.34%, 85% LTV 5-year fixed rate with £995 fee reduced by 0.12% to 4.55%.
Virgin’s exclusive remortgage deals with cashback and free valuation are also seeing a reduction, with rates such as a buy-to-let 50% LTV 5-year fixed rate with £3,995 fee reduced by 0.20% to 4.59%, as well as selected 65-75% LTV 2- and 5-year fixed rates being reduced by 0.10%.
The lenders 65-90% LTV 2-year fixed rates are also benefitting from reductions of up to 0.18% while product transfer offerings have seen reductions of up to 0.18%.
Virgin’s current rates, including these reductions, can be found from today in its Mortgage Update.
