Select 3 year fixed mortgages priced at our 2 year rate

07 January 2020

A new year brings new deals at Virgin Money. So get ready for our new ‘3 for 2’ mortgage offers for both residential and BTL customers.

On Tuesday 7 January, we launched a new 90% LTV 3 Year Fixed Rate, available at the same price as our 2 Year Fixed Rate. And we’ve done the same for BTL, with our 75% LTV 3 Year Fixed Rate now available at 1.56%. Just think what an extra year’s peace of mind at a lower rate will mean to your customers.

We’re also making changes across all our ranges, see below for more information.

Intermediary Exclusive 

• NEW 65% LTV 5 Year Fixed Rate at 1.49% with £1,495 fee.  £300 cashback for purchase or free valuation and legals for remortgage customers

Core Residential

• ‘3 for 2’ 90% LTV 3 Year Fixed Rate fee saver option is now available at 2.13%
• 85% LTV 3 Year Fixed Rate fee saver option has been reduced to 2.13% 
• 90% LTV 5 Year Fixed Rate fee saver option has been reduced to 2.34%
• Selected HTBEQL 55% and 75% LTV fixed rates have been reduced by up to 0.40% 
• Shared Ownership 95% LTV 2 Year Fixed Rate has been reduced to 3.27% 

Buy-to-let

• ‘3 for 2’ 75% LTV 3 Year Fixed Rate with £1995 fee is now available at 1.56%
• 60% LTV 3 Year Fixed Rate with £1,995 fee has been reduced to 1.56%
• 80% LTV 2 Year Fixed Rate with £995 fee has been reduced to 3.25% 
• Selected 60% to 80% LTV 5 year fixed rates with £1,995 and £995 fees have been reduced by up to 0.15% 

A new year is also a great time to make sure we’re in the best shape possible. That’s why we’ve made changes to some of our LTV bandings to ensure customers get the same great rates in a simpler range.

• 7, 10 and 15 year fixed products are now available at 65% and 90% LTV only. The 90% LTV tier has been reduced by up to 0.76% to match the previous 75% LTV rate.
• HTBEQL 2 and 5 year fixed rates at 55% LTV fee saver options are now available up to 75% LTV

Additional information

Source on a 3 year deal to find our new ‘3 for 2’ mortgage rates.

End dates have moved to the 1 May of the relevant year.

For full details of our current range, please view our Mortgage Update. For any other queries, please talk to your dedicated Business Development Manager or contact your dedicated Regional Service Team.