Finance

Virgin announces new exclusive 2 year fixed rate products

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8th November 2016

Virgin Money has announced today that it has launched new intermediary exclusive two-year fixed rate products for a limited period, as well as making rate reductions on selected two and five-year fixed rate Help to Buy Equity Loan products.

New two-year fixed rate intermediary exclusives are available at 1.32% up to 65% LTV and 2.24% at 90% LTV, both with a £995 product fee and £300 cashback for purchases.

A two-year buy-to-let fixed rate is also available up to 60% LTV at 1.74% with a £1,995 fee and £500 cashback.

Selected two and five-year Help to Buy Equity Loan fixed rates have also been reduced by up to 0.26%.

Two-year fixed rates are now available from 1.95% at 80% LTV.

Five-year fixed rates start from 2.49% at 55% LTV and 2.75% at 75% LTV, both with no product fee and £500 cashback for purchases.

Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said: “This update to our mortgage range ensures that we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans."

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