Virgin Money unveils temporary products

Virgin cuts rates

Virgin Money has launched three products available for two weeks.

They are a 90% LTV 2-year product at 3.29% for first-time buyers, a 2.79% 2-year mortgage to 85% LTV, and a 1.79% 5-year product to 75%.

The products come with £1,000 cashback and a £995 fee.

Virgin has also made a number of rate reductions across its core residential and shared ownership ranges.

In the core residential range, following a 0.15% reduction Virgin’s 75% LTV 5-year fix now stands at 1.73% to 75% LTV.

Meanwhile the lender’s shared ownership 5-year fee-saver now stands at 4.09%, following a 0.40% reduction.