New remortgage deals at Virgin Money

Posted on Tuesday, August 27 by Joy Tibbs

Virgin Money has made several changes to its mortgage range for purchase and remortgage customers.

It is now offering two-year fixed-rate deals at 60% loan-to-value (LTV) at 2.04% with a £995 fee; a 60% LTV Fee Saver Option at 2.45%; and an 80% LTV with a £995 product fee (with £300 cashback for purchase customers).

The range also includes new three-year fixed rates up to 70% at 2.29% with a £995 product fee; up to 80% LTV at 3.25% with a £995 product fee (with £300 cashback for purchase customers); and an 85% LTV at 3.69% with a £995 product fee (with £300 cashback for purchase customers).

Several new tracker deals are also now available at Virgin Money, including a two-year tracker up to 70% LTV at 2.04% with a £995 product fee; a two-year tracker at 80% LTV at 2.85% with a £995 product fee; and a three-year tracker at 80% LTV at 3.25% with a £995 product fee.

A new two-year intermediary-exclusive buy-to-let mortgage deal is available at 60% at 2.99% with £2,495 product fee, while a two-year fixed-rate buy-to-let deal is available at 60% LTV at 3.38% with a £1,995 product fee. Cashback of £750 is available across the buy-to-let range excluding intermediary exclusives.

Peter Rogerson, commercial director for mortgages and savings at Virgin Money, said: “We are pleased to support borrowers with these lower rates for residential mortgage customers. 

“We are also continuing to help buy-to-let customers, and were delighted when our support for this segment was recognised this week in winning Best Buy-to-Let Mortgage Provider in the 2013 What Mortgage Awards.”

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