News
Reductions to selected Fixed, Tracker and BTL rates
30 June 2017
On Friday 30 June, we made amendments to selected residential and BTL rates.
Summary of changes
Intermediaries Exclusives
• 5 Year Fixed Rate Remortgage Special at 50% LTV has been reduced to 1.64% with a £1,995 fee (minimum loan size £300,000). This product also comes with free valuation and free legal work.
Core Range
Selected fixed and tracker rates have been reduced, including:
• 2 Year Fixed Rate at 90% LTV has been reduced to 2.33% with a £995 fee. This product comes with £500 cashback for first time buyers and £300 for next time buyers
• 5 Year Fixed Rate at 65% LTV has been reduced to 1.75% with a £995 fee and £300 cashback for purchase customers
• 2 Year Tracker Rate at 65% LTV for remortgage customers has been reduced to 1.18% with a £995 fee
• 2 Year Fully Flexible Tracker at 65% LTV has been reduced to 1.49% with a £995 fee
All our standard residential remortgage products come with free valuation and free legal work.
Selected Help to Buy Equity Loan rates have been reduced, including:
• 2 Year Fixed Rate at 75% has been reduced to 1.44% with a £995 fee and £500 cashback
Selected 2 and 5 Year Fixed Rate BTL products have been reduced, including:
• 2 Year Fixed Rate at 60% LTV has been reduced to 1.44% with a £1,995 fee
• 5 Year Fixed Rate at 60% LTV has been reduced to 2.39% with a £995 fee
All BTL purchase and remortgage products come with £500 cashback.
Additional information
End dates will remain at 1 October of the relevant year. For full details of our product range please view the mortgage update.
Exclusive products for Virgin Money Credit Card customers have also been amended in line with our core range.
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