More and more customers are looking for longer-term fixed products to benefit from low interest rates and the security of fixed monthly payments. With the potential of an increase in the Bank of England base rate in the near future, now could be a great time to look at longer-term fixed rates for your clients.
Virgin Money are pleased to launch a new range of competitive 7 and 10 year fixed rate residential deals for all borrower types. Take a look at the product features to see how they can help you and your clients:
- 7 year fixed rates from 65% to 95% LTV with fee and fee saver options starting from 2.37%
- 10 year fixed rates from 65% to 95% LTV with fee and fee saver options starting from 2.59%
- £300 cashback for selected purchase deals and free valuation and free legals for remortgage customers
- Porting is available for customers looking to move home during the fixed rate period
- 10% overpayments annually and payment holidays allowed (subject to our prior approval)
For full details of all Virgin Money’s new 7 and 10 year fixed rate mortgage deals, please view their Mortgage Update or talk to your dedicated BDM.
