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Virgin Money - We’re increasing rates and withdrawing selected products
13 January 2025
We wanted to let you know that we’re launching the following Virgin Money product on Tuesday 14 January.
BTL Exclusive
- NEW 80% LTV 2 Year Fixed Rate with 1% fee will be launched at 5.40%
The end dates will move to 1 April of the relevant year.
We’ll also be making these changes at 8pm today:
Exclusive
- 80% LTV Purchase 2 & 5 year fixed rates will be withdrawn
- Retrofit Boost 5 year fixed rates will be increased by up to 0.20%
- Own New 2 & 5 year fixed rates up to 85% LTV will be increased by up to 0.20%
- Selected £1m+ 2 & 5 year fixed rates will be increased by up to 0.20%
- BTL 2 & 5 year fixed rates with a £2195 fee will be increased by 0.10%
- BTL 5 year fixed rates with a 1% fee up to 75% LTV will be increased by 0.05%
Core
- 65% & 75% LTV Purchase 2 & 5 year fixed rates will be increased by 0.20%
- 85% LTV Purchase 5 year fixed rates will be increased by 0.10%
- Selected Shared Ownership fixed rates will be increased by up to 0.20%
- 65% & 75% LTV Remortgage 5 year fixed rates will be increased by up to 0.20%
Product Transfer
- 65% LTV 5 year fixed rates will be increased by 0.10%
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
