We wanted to let you know that we’re making the following rate reductions on Thursday 17 April. A free valuation is now available on all new purchase applications.

Exclusive Purchase

  • 80% LTV 2 year fixed rates will be reduced by up to 0.09%, starting from 4.33%.
  • Selected Fix and Switch fixed rates will be reduced by up to 0.11%, starting from 4.79%.
  • 75% LTV £1m+ 2 & 5 year fixed rates will be reduced by up to 0.15%, now with a free valuation.
  • Selected Own New 2 & 5 year fixed rates will be reduced by up to 0.15%, now with a free valuation.
  • Retrofit Boost 5 year fixed rates with £995 fee will be reduced by 0.02%, now with a free valuation.

Purchase

  • 65% to 90% LTV fixed rates will be reduced by up to 0.15%, now with a free valuation.
  • 95% LTV 2 Year Fixed Rate fee-saver will be reduced by 0.06%, to 5.24%.
  • 65% to 90% LTV Green fixed rates will be reduced by up to 0.15%.
  • Selected Shared Ownership fixed rates will be reduced by up to 0.13%, starting from 4.33%.

Exclusive Remortgage

  • Retrofit Boost 5 year fixed rates with £995 fee will be reduced by 0.02%.

BTL

  • 60% & 75% LTV 2 year fixed rates with £2,195 fee will be reduced by 0.05%, starting from 4.21%.
  • 60% & 75% LTV 2 year fixed rates with 3% fee will be reduced by up to 0.17%, starting from 3.32%.
  • 80% LTV 2 & 5 year fixed rates with £1% fee will be reduced by 0.20%, starting from to 4.80%.
  • 80% LTV 5 Year Fixed Rate with £995 fee will be reduced by 0.20%, to 4.89%.

All new Virgin Money residential and BTL purchase products now include a free basic valuation.

We’ll also be withdrawing the following products:

Product Transfer

  • 65%, 75% & 85% LTV flexible tracker rates with £995 fee.

Cashback has been removed from selected purchase fixed rates. Please see our product guide for further details.

If you’re applying for one of these products on behalf of your customer, please send us the application by 8pm today.

You can find our current rates in our Product Guide. If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Mortgage Service Team.

The team at Virgin Money

Report Post 16 Apr 2025, 2.10 pm
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