Virgin launches new lower deposit mortgages with cashback.
Virgin has announced the release of new lower deposit deals to run alongside the deals it offers under the Help to Buy mortgage scheme.
The new high LTV range includes a 2 year fix for 95% LTV at 5.29% and a 2 year fix for 90% LTV at 4.29%.
For those looking for a higher level of security, 3 year fixed rate mortgages are also on offer. For 95% LTV the rate offered is 5.39% and for 90% LTV the rate offered is 4.69%.
Longer term lower deposit fixed rate mortgage products are also on offer. For 95% LTV a 5 year fix is available at 5.49% and for 90% LTV the rate is 4.89%.
As well as competitive rates at lower deposit levels, the lender advises it also charges no product fees and offers £300 cashback to help cover costs such as legal or valuation fees.
If you would like to review the lender's range in more detail and make a comparison against the wider market call 0800 048 8828.
For a highly competitive personalised mortgage offer speak to an adviser at Deal Direct, or alternatively you can make on online search by clicking below.
Call 0800 048 8828 for advice and a quote.
