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Virgin Money - We’re withdrawing selected products
12 February 2025
We wanted to let you know that we’re making the following rate reductions on Thursday 13 February.
Purchase
- 90% & 95% LTV Fix and Switch rates will be reduced by up to 0.07%, starting from 5.32%.
- 90% LTV 2 & 5 year fixed rates will be reduced by up to 0.07%, starting from 4.88%.
- 95% LTV 2 & 5 year fixed rates will be reduced by up to 0.07%, starting from 5.24%.
- 90% LTV Own New rates will be reduced by up to 0.06%, starting from 2.40%.
BTL
- Fix and Switch rates will be reduced by up to 0.10%, starting from 5.10%.
- Selected 2 & 5 year fixed rates with 1% fee will be reduced by up to 0.10%, starting from 4.39%.
- 2 Year fixed rates with £995 fee will be reduced by up to 0.10%, starting from 4.79%.
- 75% LTV 2 Year Fixed Rate fee-saver will be reduced by 0.05%, to 5.23%.
Product Transfer
- Selected 65% LTV 2 & 3 year fixed rates will be reduced by up to 0.06%, starting from 4.26%.
- 65% LTV 5 year fixed rates will be reduced by up to 0.10%, starting from 4.19%.
- Selected BTL 2 & 3 year fixed rates will be reduced by up to 0.10%, starting from 4.30%.
The end dates will move to 1 May of the relevant year.
We’ll also be withdrawing the following products at 8pm today:
Exclusive BTL
- 60% LTV Fix and Switch with £495 fee.
- 75% LTV Fix and Switch with £495 fee.
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
