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Virgin cuts rates

Robyn Hall

May 31, 2013

Virgin will now offer an intermediary exclusive 2.15% 2-year fixed rate and a general release 2.19% 2-year fixed rate. Both products are available up to 60% loan to value.

Other highlights from the reduced range include a 2-year fixed rate at 2.29% for up to 70% LTV and a 2-year fixed rate at 4.75% for up to 90% LTV.

Changes to the buy-to-let range will see Virgin offer an intermediary exclusive 3.29% 2-year fixed rate and a 3.89% 5-year fixed rate. Both products are available up to 60% LTV.

Further highlights include a 3-year fixed rate at 3.59% up to 60% LTV and a 2-year tracker product which is available at 3.99% for up to 70% LTV.

A cashback incentive of £750 remains across the buy-to-let range apart from the exclusive intermediary products which will not be eligible.


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