Virgin Money launches fixed rates
Virgin Money has launched exclusive 2-year fixed rates for a limited period and made rate reductions on selected 2 and 5-year fixed rate Help to Buy Equity Loan products.
The residential 2-year fix is priced at 1.32% (65% LTV, £995 product fee) and its buy-to-let 2-year fix is priced at 1.74% (60% LTV, £1,995 product fee, £500 cashback).
Meanwhile its 2 and 5-year Help to Buy Equity Loan fixed rates have been reduced by up to 0.26%
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.
“We are continuously developing and enhancing our mortgage proposition; a fact recognised with our Mortgage Lab recently being awarded the Innovation Culture Award at the Corporate Entrepreneur Awards.”