Virgin unveils 2-year fixes

Sarah Davidson

January 30, 2015

Other 2-year products stand at 2.04% to 80% LTV and 2.39% to 85% LTV, while both also incur a £995 fee.

The challenger bank has also refreshed other products, as it now offers a 2-year new build special at 2.34% to 85% LTV with a £995 product fee and £500 cashback.

Peter Rogerson, Virgin Money’s mortgage director, said: “We continue to offer attractive mortgage options to customers and we expect demand to be high as these are some of the most competitive rates available in the current market.

“Our updated range continues to demonstrate that Virgin Money is committed to supporting intermediaries and the mortgage market.”

Virgin has updated its larger loan product range, where applicants have to take out a minimum £150,000 loan.

To 65% LTV its 2-year fix stands at 1.49% and its 5-year fix is priced at 2.29% with a £1,495 fee, while Virgin is also offering a 4-year fix at 2.25% with a £995 fee.

Virgin Money is currently waiving its £99 application fee on some 65%, 70% and 75% LTV intermediary products.

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