Virgin withdraws exclusive 80% fixed rates amid product changes
Virgin Money has today announced some changes to its mortgage range, including withdrawing its 80% LTV fixed rate mortgage products from its Exclusive range.
The lender has announced a selection of new 75% - 90% fixed rate products for purchase with a £495 fee and £500 cashback; new 75% - 85% remortgage fixed rates with a £1,295 fee and free valuation and legals; and new 5-year fixed rates at 75% for buy-to-let, with a £1,295 fee.
From 8pm today, it will withdraw all 80% LTV fixed rates from its exclusive range, and will increase rates by up to 0.23% on selected products in its Core range (up to 0.15% for buy-to-let products).
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%