Virgin Money makes higher LTV rate reductions

Essex Home Finance
Virgin Money has made a series of rate reductions in its residential mortgage range.
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Virgin Money has made a series of rate reductions in its residential mortgage range.

The changes are as follows:

Core Residential rate reductions:

  • 85% LTV 2 Year £995 fee by 0.04 percentage points to 2.79%
  • 85% LTV 2 Year fee saver by 0.07 percentage points to 3.06%
  • 85% LTV 3 Year fee saver by 0.13 percentage points to 3.16%
  • 85% LTV 5 Year fee saver by 0.13 percentage points to 3.16%
  • First Time Buyer 90% LTV 5 Year £995 fee by 0.03 percentage points to 3.46%

Exclusive rate reductions:

  • First Time Buyer 90% LTV 2 Year £995 fee by 0.15 percentage points to 3.29%
  • First Time Buyer 90% LTV 2 Year fee saver by 0.20 percentage points to 3.49%

The changes are effective from tomorrow (26 January).

Original Article from Best Advice 25/01/2021

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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.

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