Tag: Peter Rogerson
Custom build loans are available to all intermediaries who must go through BuildLoan.
“Competitive rates to help homebuyers get onto the property ladder.”
Its 2 and 5-year Help to Buy Equity Loan fixed rates have been reduced by up to 0.26%
The lender’s residential 3-year fixes stand at 1.79% to 70% loan-to-value, 1.84% to 75% LTV and 1.89% to 80% LTV, all with a £995 product fee and £300 cashback for purchases.
Other well-known factors like being near good state schools and nurseries were only a concern to 36% and 21% of homeowners.
If the broker directs the customer back to Virgin they will be able to profit from a retention proc fee and use a streamlined process – although the proc fee will be lower than for new business.
The 1.78% product is a 2-year fix while the lender is also offering a 2.40% 5-year fix, both with a £995 product fee and £500 cashback.
The new products are designed specifically to support Scotland’s Help to Buy scheme.
Virgin Money has cut rates across its buy-to-let and residential mortgage ranges.
Virgin Money has refreshed its range with ‘stamp duty special’ mortgages and by cutting residential and new build rates. To 95% LTV buyers can take…