We wanted to let you know that we made changes to the following Virgin Money products on Wednesday 24 April.
Product Transfer BTL Fixed Rate deals with £3,995 fee
- NEW 60% LTV 2 Year Fixed Rate at 4.84%.
- NEW 75% LTV 2 Year Fixed Rate at 5.14%.
- NEW 60% LTV 5 Year Fixed Rate at 4.61%.
- NEW 75% LTV 5 Year Fixed Rate at 4.81%.
Product Transfer BTL Tracker deals with £1,995 fee
- NEW 60% LTV 2 Year Fixed Rate at 5.79%.
- NEW 75% LTV 2 Year Fixed Rate at 6.21%.
We’ll also be making these changes at 8pm on Tuesday 23 April:
- Selected Product Transfer fixed rates have been increased by up to 0.10%, starting from 4.38%.
- 90% LTV Purchase Fix & Switch fee-saver has been increased by 0.05% to 5.52%.
- 90% LTV Professional Purchase Fixed Rate fee-saver has been increased by 0.02% to 4.82%.
- Selected Remortgage fixed rates have been increased by 0.10%, starting from 4.79%.
- 5 Year Greener New Build fixed rates have been increased by 0.05%, starting from 4.44%.
- Own New Rate Reducer 3% Incentive 2 Year fixed rates have been increased by up to 0.10%, starting from 2.57%.
- Own New Rate Reducer 5% Incentive fee has been increased by £500, to £995.
We’ve extended our Green Reward offer
We’ve got great news about Green Reward; our sustainability initiative that rewards existing customers with £250 cashback for making green home improvements.
We’ve extended our deadline dates giving more customers the chance to register and claim. If one of your clients has already registered, they can also take advantage of the extended deadlines.
| Deadline | Current Date | New Date |
|---|---|---|
| Green Reward Registration | 30 June 2024 | 31 December 2024 |
| Green Reward Claim | 31 December 2024 | 30 June 2025 |
Green Reward is open to residential and BTL customers taking additional borrowing, or a product transfer with additional borrowing, and who then spend at least £2,500 on eligible green home improvements. This includes changes to the property that increase energy efficiency or reduce the carbon footprint. See the full terms for Green Reward.
You can find our current rates in our Product Guide.