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New product launches and rate changes introduced by Virgin Money
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2 min read
Thu May 30 2024
New product launches and rate changes introduced by Virgin Money - Image

Updates about three new product launches and rate alterations

Starting May 30, three new products are being launched by Virgin Money across its product transfer and purchase exclusive range.

The two changes being made to the product transfer range include 90% LTV residential two-year no early repayment (ERC) charge tracker with a fee of £495 at 6.19%.

Additionally, a 75% LTV buy-to-let (BTL) two-year ERC free tracker with a £995 fee at 6.45%.

A 90% loan-to-value (LTV) greener new build five-year fix with a fee of £995 and £300 cashback with a rate of 4.87% will also arrive as the purchase exclusive product.

Two product changes were also introduced late evening on May 29.

These include the 85% LTV product transfer two-year flexi tracker with a fee of £995 which has been reduced by 0.24% to 6.15%.

The 85% LTV shared ownership two-year fix fee saver has been increased to 5.39% from 5.29%.   

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