Virgin launches new intermediary exclusive and high-LTV mortgages

Essex Home Finance
Virgin Money has launched new intermediary exclusives and announced new residential three-year fixed products at the same rate as its two-year deals.
The latest Finance and Property News2

Virgin Money has launched new intermediary exclusives and announced new residential three-year fixed products at the same rate as its two-year deals.

New intermediary £1,000 cashback exclusives include an 85% LTV five-year fixed rate at 2.79% and a reduced 90% LTV two-year fix at 3.18%, both with a £995 fee.

The new ‘3 for 2’ products are available at 2.77% up to 85% LTV and 3.34% at 90% LTV, both fee-free.

Additionally, Virgin has reduced rates across its core residential range by up to 9bps.

New rates include a two-year fixed rate at 85% LTV, now available at 2.48% with a £995 fee or 2.77% fee-free. At 90% LTV, a two-year fixed rate has been cut by 0.09% to 3.09% with a £995 fee.

At 85% LTV, three and five-year fixed rates have been reduced to 2.76% with a £995 fee.

Residential product transfer rates and buy-to-let rates have also been reduced by up to 12bps.

Buy-to-let highlights include two-year fixed rates, which have been reduced by 0.12% and now start from 1.82% at 60% LTV and 1.87% at 75% LTV, both with a £995 fee. Portfolio counterparts start from 1.92% at 60% LTV and 1.97% at 75% LTV.

Original Article from Financial Reporter 14/04/2021

Get In touch

Leave this field blank
Mobile / Home Number
Please choose the closest match to your Mortgage Needs
  • Choose
  • First Time Buyer
  • Help To Buy
  • Homemover
  • Remortgage
  • Buy to Let
  • Equity Release
  • Insurance
  • Home Utilities
  • Nothing found
Essex Home Finance

(01245) 398466

Call Anytime

Address : 8 Kingsdale Business Centre, Regina Road, Chelsmford, Essex, CM1 1PE

Essex Home Finance Ltd is an Appointed Representative of Mortgage Intelligence Ltd which is authorised and regulated by the Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: 1 High Street, Chelmsford, Essex, CM1 1BE.

Registered in England & Wales under number 10607263.

Your home may be repossessed if you do not keep up repayments on your mortgage.

We do not charge for Residential First Time Buyers, Residential Home Movers, Residential Remortgage, and all Product Transfers (Residential or Buy to Let).

There will be a fee for all Buy to Let Purchase and Buy to Let Remortgage cases. Typically our fee will be £149, payable on Offer. We will agree any fees with you before we proceed with your case.

There will be a fee for all Equity Release Mortgage cases. Typically our fee will be £695, payable on Offer. We will agree any fees with you before we proceed with your case.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. 

Our advice is covered under the Financial Ombudsman Service.  You may be able to submit a claim through the  EU Online Dispute Resolution Platform If you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.