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Virgin announces new products and rate cuts across range – Mortgage Strategy

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Virgin announces new products and rate cuts across range – Mortgage Strategy

Virgin Money has confirmed a number of exclusive buy-to-let deals  available from 9 October.

Exclusive BTL options include a new 6 0%  LTV two-year fixed rate with £2,195 fee, at 4.19%; a new 75% LTV two year fixed rate with £2,195 fee, at 4.39%; a 75% LTV five-year fixed rate with 3% fee will be reduced by 0.05%, to 3.78% and a 75% LTV two-year fixed rate with 1% fee will be reduced by 0.06%, to 4.54%.

For exclusive remortgage, Virgin’s 75% LTV Fix and Switch fee-saver will be reduced by 0.10%, to 4.65%; and its                 85% LTV Fix and Switch fee-saver will be reduced by 0.10%, to 5.24%.

For exclusive purchase, its 90% LTV Fix and Switch fee-saver will be reduced by 0.10%, to 5.24%.

Other rate changes include BTL fixed rates with £995 fee will be reduced by up to 0.20%, starting from 4.19%; BTL 75% LTV two-year fixed rate fee-saver will be reduced by 0.02%, to 5.03% and the 90% LTV Purchase Fixed Rate fee-saver will be reduced by 0.10%, to 5.19%.

Select BTL product transfer rates will be reduced by up to 0.15%, starting from 3.89%.

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