To kick off the New Year, Virgin Money has launched a great range of red hot products for all of your customers. Here are some of the highlights to get off to a great start.
A perfect fit for first time buyers
They understand upfront costs can be a concern for some people buying their first home. That’s why they offer fee-free deals with extra cashback, to help lighten the load for first time buyers.
- 2 Year Fixed Rate available up to 90% LTV at 2.84% with no fee and £1,000 cashback for first time buyers
Ready for remortgages
No one can predict what the future holds, so they offer a competitive 5 Year Fixed Rate deal to give your customers long-term security and peace of mind with a fixed mortgage payment until 2022.
- 5 Year Fixed Rate available up to 65% LTV at 1.89% with a £995 fee (free legal work and valuations for remortgage customers and £300 cashback for purchase customers)
Built for new build
With a dedicated new build team and support for the Help to Buy: Equity Loan scheme, they want to keep Britain building. To back this up, they are offering a great rate for new build customers.
- 5 Year Fixed Rate Help to Buy: Equity Loan deal available up to 75% LTV at 2.59% with no fee and £500 cashback for purchase customers
Set for buy-to-let
With tax changes coming in up until April 2020, some landlords may be looking for longer-term certainty on their mortgage payments during this period. That’s why they have launched a competitive 5 Year Fixed Rate deal to help.
- BTL 2 Year Fixed Rate available up to 60% LTV at 1.59% with a £1,995 fee and £500 cashback
- BTL 5 Year Fixed Rate available up to 60% LTV at 2.99% with no fee and £500 cashback
Mortgages that expect the unexpected
Life is ever-changing. Which is why their mortgages come with flexible features, allowing your customers to make the right choice at the right time for them. Their 2 Year Tracker deal is fully flexible so your customers can make almost unlimited overpayments, redraw their funds and even take payment holidays.*.
- 2 Year Flexible Tracker available up to 65% LTV at 1.69% with a £995 fee (free legal work and valuations for remortgage customers)
Additional Information
End dates remain unchanged at 1 April of the relevant year across the product range.
For full details of the updated range, please view the latest Mortgage Update.
*Flexible features are subject to Virgin Money’s agreement and the terms and conditions of your client’s mortgage.