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Improvements to exclusive and core rates

31 March 2016

On Thursday 31 March, we made improvements to selected residential and BTL products.

Summary of Changes

Core Range:

  • Residential 2 year fixed rates with a £995 fee have been reduced by up to 0.20%, with rates starting from 1.69%
  • Residential 3 Year Fixed Rate at 65% LTV with a £995 fee has been reduced to 1.99%
  • Selected BTL 3 and 5 year fixed rates at 75% LTV have been reduced by up to 0.11%:
    - 3 Year Fixed Rate available at 3.74% with a £995 fee and £500 cashback
    - 5 Year Fixed Rate available at 3.69% with a £1,995 fee and £500 cashback
    - 5 Year Fixed Rate available at 3.79% with a £995 fee and £500 cashback

Intermediary Exclusives:

  • BTL cashback has been increased from £500 to £750 on selected deals for a limited period only. £1,500 cashback remains available on BTL Stamp Duty Buster products.

We’re award-winning

Great news! We have been awarded Best Buy-to-Let Mortgage Provider at the 2016 Business Moneyfacts Awards. To celebrate this success, we are offering your BTL clients £750 cashback on selected Intermediary Exclusive BTL deals for a limited period only.

Additional Information:

End dates remain unchanged at 1 August of the relevant year across all products.

Our Intermediary Exclusive products are available to intermediaries registered with Mortgage Clubs and Networks appointed to Virgin Money’s National Account panel. 

For full details of our new range, please view our latest Mortgage Update

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