Virgin Money launch ‘red hot’ mortgage range

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Virgin Money has launched a range of ‘red hot’ mortgage deals including a 90% LTV 2-year fix at 2.84% for first-time buyers with no product fee and £1,000 cashback.

Other deals include a 5-year residential fixed rate up to 65% LTV now at 1.89% (£995 fee, £300 cashback for purchases, free valuation and legal fees for remortgage); a 2-year flexible tracker up to 65% LTV now at 1.69% (£995 fee, free valuation and legal fees for remortgages) and a Help to Buy Equity 5-year fixed rate up to 75% LTV now at 2.59% (no product fee, £500 cashback).

Virgin Money’s 2-year buy-to-let fixed rate at 60% LTV is now priced at at 1.59% (£1,995 product fee and £500 cashback).

Virgin Money’s commercial director for Mortgages, said: “To kick off the year we have launched a new range of red hot mortgage products that offer competitive rates to help homebuyers get onto the property ladder, support those looking to move home and a great deal for landlords.”

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Written by: Houseladder