Virgin Money is launching exclusive deals tomorrow, cutting interest rates by up to 30 basis points.
The lender has unveiled a selection of new, exclusive remortgage products.
Among the new products it is launching:
- Two-year fixed remortgage rates with free valuations and legal advice, starting at 4.59% at 60% LTV with a £995 and rising to 5.17% at 80% LTV
- Two-year cost-saving fixes for refinancing a mortgage from 4.95% with an LTV of 60%.
- Five-year fixed rate remortgage with free valuations and legal advice from 4.25% at 60% LTV with a £995 fee.
- Cost-saving five-year fixes for refinancing a mortgage from 4.35% with an LTV of 60%.
- Two- and five-year fixed interest rates on 80% LTV fee-saver deals have been reduced to 5.55% and 4.86% respectively.
The lender is also reducing rates on a range of other products, including repairs and transfers for purchase and remortgage:
Fee saver remortgage deals are reduced by up to 20 basis points, with rates starting from 4.42%.
The biggest price fall is on over £1 million two and five year fixed rate mortgages at 75% LTV with a £1,995 fee that could fall by up to 30 basis points, while rates now start at 4.49 %.