Virgin Money launches 2.99% five-year fix
Virgin Money for Intermediaries has launched a leading five-year fixed broker exclusive mortgage at 2.99%. The minimum loan size is £200,000 and the maximum is £1 million.
Borrowers will need a 40% deposit to access this rate and it has a £1,495 arrangement fee. There is also a £99 booking fee. The APR is 4.3% and after the fixed period, the mortgage reverts to Virgin’s standard variable rate, which is currently 4.79%.
If you remortgage to Virgin, they will provide a free property valuation and legal service designed to reduce the cost of switching lenders.
If you would like help to secure a best buy mortgage, call Trinity Financial on 020 7016 0790.
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