Virgin cuts its lower deposit 2 year fixed mortgage rates.
For investors looking to purchase a buy to let and buyers looking for a new home Virgin has announced rates have been cut across its higher LTV 2 year fixed rate range.
For those buying a house with a 20% deposit Virgin is offering a 2 year fix at just 2.75%. If you want to go for a tracker then a 2 year fee saver deal for 80% LTV is available at 3.19%.
In addition those with a lower 10% deposit will now benefit from a cheaper deal as a 90% LTV 2 year fix is available at 4.35%.
Property investors are also benefiting from a rate cut. A buy to let mortgage for up to 60% LTV is now available ble at 2.69% and for 70% LTV the rate is 2.49%.
The lender advises that its fixed rate products all have a £995 fee, its buy to let mortgages have a fee of 2.5% and fee saver range comes with no charge.
If you would like to review the new lower rate Virgin mortgage range against the entire market call 0800 048 8828 for a 'like to like' product comparison.
A call to Deal Direct can get you the best mortgage market-wide.
Call today on 0800 048 8828 for impartial advice and a low rate quote.