Mortgages  

Virgin Money launches 65% LTV intermediary deals

Virgin Money launches 65% LTV intermediary deals

Virgin Money has launched an intermediary exclusive two-year fixed rate deal at 1.84 per cent on a 65 per cent loan-to-value with a £995 product fee.

Also available through intermediaries registered with a Virgin Money national account are a new three-year fixed rate at 65 per cent LTV reduced to 2.35 per cent, with a £995 product fee.

There are also a couple of five-year fixed rates at 65 per cent LTV, one reduced to 2.79 per cent, with a £995 product fee and the other reduced to 2.69 per cent, with a £1,495 product fee.

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The £99 application fee is being waived on all 65 per cent LTV intermediary five-year fixed remortgage rates for a limited period only.

The bank has also made all 95 per cent LTV residential fixed rates available at 4.99 per cent, with no product fees, while all 90 per cent LTV residential fixed rates were reduced by 0.3 per cent, also with no product fees.

Virgin Money has also launched a new Help to Buy equity loan ‘stamp duty buster’ range, offering cashback of £2,500.

This includes a new two-year fixed rate at 75 per cent LTV, available at 3.19 per cent, with a £995 product fee.

A three-year fixed rate at 75 per cent LTV, reduced to 3.29 per cent, with a £995 product fee, and a five-year fixed rate at 75 per cent LTV reduced to 3.49 per cent, with a £995 product fee.

peter.walker@ft.com