At 8pm on Wednesday 24 February we increased rates on selected Intermediary Exclusive and core residential products.

Summary of changes

Intermediary Exclusive range:

  • 2 Year Fixed Rate at 65% LTV with £995 fee will move to 1.79% from 1.64%

Core range:

  • Selected 65% LTV fixed rates will be amended:
    • 3 Year Fixed Rate with £995 fee will move to 2.04% from 1.99%
    • 5 Year Fixed Rate with £995 fee will move to 2.29% from 2.24%
    • 5 Year Fixed Rate Fee Saver will move to 2.68% from 2.54%
  • Selected Help To Buy 95% LTV Fixed rates will be amended:
    • 2 Year Fixed Rate Fee Saver with £300 cashback will move to 3.85% from 3.75%
    • 2 Year Fixed Rate Fee Saver with £1,500 cashback will move to 4.39% from 4.29%
  • Selected 65% and 70% LTV 2 Year Tracker rates will be amended:
    • 2 Year Tracker at 65% LTV with £995 fee will move to 1.44% from 1.39% (remortgage only)
    • 2 Year Tracker at 70% LTV with £995 fee will move to 1.49% from 1.44%

End dates will remain unchanged at 1 June of relevant year across the full product range.

In line with our 2015 commitments, we are giving you at least 24 hours’ notice of this product withdrawal. To avoid disappointment, please submit any outstanding applications on these deals as soon as possible.

 

 

 
For full details of our current range, please view our Mortgage Update Issue 85. For any other queries, please talk to your dedicated Business Development Manager or contact our Intermediary Relationship Support on 0345 600 1516*.
Yours sincerely

The Virgin Money Intermediary Team