Virgin Money launch new products and adjusts rates
Today, Virgin Money launched a trio of new products and adjusted its rates for 85% LTV Shared Ownership 2-year fixed rate fee saver & 85% LTV Product Transfer 2-year flexi tracker.
Virgin Money has launched its new 90% LTV Greener New Build 5-year fixed rate with £995 fee & £300 cashback at 4.87%, 90% LTV Residential 2-year ERC free tracker with £495 fee at 6.19%, and 75% LTV Buy-To-Let (BTL) 2-year ERC free tracker with £995 fee at 6.45%.
Last night, Virgin Money adjusted a couple of rates. Virgin’s 85% LTV Shared Ownership 2-year fixed rate fee saver has now increased by 0.10% to 5.39%, and its 85% LTV Product Transfer 2-year flexi tracker with £995 fee has reduced by 0.24% to 6.15%.
Advisers can find these rate changes in Virgin’s Product Guide or by contacting their Business Development Manager/dedicated Mortgage Service Team.
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This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
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