Virgin mortgage rates are reduced.
Virgin mortgage rates have been reduced on a number of fixed rate products.
The lender who offers Virgin mortgage deals through Northern Rock, has announced that rates have been reduced by up to 0.20%. The range of products offered at newly reduced rates includes both residential and buy to let mortgages which are available for both purchase and remortgage.
Virgin advise that its 2 year fixed rates are now available from 3.55%, 5 year fixed rates from 4.09% and its buy to let rates from 3.85%. At the end of the fixed period the mortgage will revert to the lender’s SVR which is currently 4.79%.
Virgin advise that it plans to continue to offer a cash-back incentive on various products for new property purchase. Incentives in the form of a free basic valuation and free standard legal work are also on offer for all customers remortgaging from another lender.
The buy to let mortgage range also includes an incentive in the form of £500 cash-back, which will be advanced on completion to help investors with the costs associated with increasing their property portfolio.
If you are looking for a market comparison against the most competitive Virgin mortgage rates on offer contact Deal Direct. We are a 'whole of market' broker with access to the entire range of UK mortgage deals on offer.
For the most competitive mortgage rates currently available call Deal Direct.
