New 80% LTV Exclusives and selected fixed rate increases

We wanted to let you know that we’re launching the following products on Friday 22 November.

Purchase Exclusives with free valuation

• NEW 80% LTV 2 Year Fixed Rate with £895 fee will be launched at 4.59%.
• NEW 80% LTV 2 Year Fixed Rate fee-saver will be launched at 4.85%.
• NEW 80% LTV 5 Year Fixed Rate with £895 fee will be launched at 4.34%.
• NEW 80% LTV 5 Year Fixed Rate fee-saver will be launched at 4.51%.

The end dates will move to 1 February of the relevant year.

We’ll also be making these changes at 8pm today:

• Selected 85% and 90% LTV 2 and 5 year fixed rates will be increased by up to 0.15%.
• Own New 85% and 90% LTV 2 and 5 year fixed rates will be increased by up to 0.10%.
• Retrofit Boost 85% LTV 5 year fixed rates will be increased by 0.05%.
• Selected Shared Ownership 2 and 5 year fixed rates will be reduced by up 0.13%.

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

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Important stuff just for mortgage brokers.

Please refer to our website for full details. Details correct at time of distribution.

Clydesdale Bank PLC (trading as Virgin Money). Registered in Scotland (Company No. SC001111). Registered office: 177 Bothwell Street, Glasgow G2 7ER. Financial Services Register Number 121873. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Credit facilities other than regulated mortgages and regulated credit agreements are not regulated by the Financial Conduct Authority.

VM31244 (valid from 21.11.2024)