Virgin Money launch 6-year fix at 2.99pc
The products are available for purchase and remortgage customers and will be available from tomorrow for a limited period only.
Peter Rogerson, Virgin Money’s savings and mortgages director, said: “This is the only 6-year fixed rate mortgage available in the market and we are delighted that we can offer it to customers at the same rate as for five years.
“It’s a great choice for those customers looking for a prolonged period of certainty with their mortgage payments. We expect this to be a very popular product so it will only be available for a limited period.”
The new products are a 6-year fixed rate at 2.99% up to 70% LTV with a £995 product fee and a 6-year fixed rate at 3.59% up to 70% LTV with no product fee.
The products are available through all registered intermediaries and direct to customers via MoneySupermarket.com.