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Virgin Money Improves its 90% LTV Rate


This information is intended for use by journalists and is correct at the time of publication. Customers wanting to view our current mortgage range should visit our mortgages pages.

  • 90% LTV two-year fixed rate fee saver mortgage now available at 4.35%
  • 80% LTV two-year fixed rate mortgage now available from 2.75%
  • 70% LTV two-year fixed rate Buy-to-let mortgage now available from 2.99%

Virgin Money has announced a number of changes across its residential mortgage range. All products will be available from 25 February 2014.

A number of improvements have been made for customers at higher LTVs, with rate reductions to selected fixed rates and trackers. This includes a two-year fixed rate product at 2.75% up to 80% LTV with a £995 product fee.

Virgin Money Fee Saver products have also been improved, with a two-year fixed rate at 4.35% up to 90% LTV, with no fee.

Virgin Money Buy-to-let products have also been reduced, with a two-year fixed rate at 3.95% up to 70% LTV with a £995 product fee.

Virgin Money also continues to offer mortgages for those customers with larger deposits, with a three-year fixed rate product at 2.49% up to 70% LTV with a £995 product fee, and a five-year fixed rate at 3.18% up to 70% LTV with a £995 product fee.

For more details of the full Virgin Money mortgage product range please visit:


The descriptions of our product range are provided for information purposes only. This press release is not a financial promotion and should not be used or displayed as such.

For more information, please contact the Virgin Money Press Office:

Tel: 0191 279 4676

Notes to Editors

Early Repayment Charges

Following the fixed rate or tracker period, the loan will revert to Virgin Money’s Standard Variable Rate (SVR), (currently 4.79%) for the life of the loan. On Everyday products, the Early Repayment Charge will apply to the outstanding secured loan balance at the time of redemption. Any overpayments in excess of the 10% annual allowance will also be subject to the Early Repayment Charge.

Fee Saver Option

The Fee Saver Option is ideal for customers looking to keep their fee costs as low as possible. This option is available across most of the range of mortgage products, enabling customers to choose between lower rates on a range of product fees, or paying a slightly higher rate without a product fee. Where fees are added to the loan they will incur interest for the term of the loan.


Products are available through registered mortgage intermediaries, via the UK based call centre on 0800 0285 277 and at Phone lines are open from 8am to 8pm Monday to Friday, 9am to 3pm Saturday, and 10am to 3pm on Sunday.

About Virgin Money

  • Virgin Money provides savings, mortgages, credit cards, pensions, investment and protection products
  • Virgin Money’s business ambition is to make “everyone better off” – this philosophy underpins our approach to business by offering good value to customers, treating employees well, making a positive contribution to society and delivering a profit to shareholders
  • Virgin Money is the official sponsor of the London Marathon, the biggest annual one-day fundraising event in the world. Virgin Money leads the London Marathon sponsorship with the ambition to help runners raise £¼ billion over 5 years and will use its infrastructure, online capability and financial expertise to deliver that through Virgin Money Giving

Supplementary notes

  • The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. Any consumer interested in learning more about this product should visit for full terms and conditions.

Virgin Money plc - Registered in England and Wales (Company No. 6952311). Registered Office - Jubilee House, Gosforth, Newcastle upon Tyne NE3 4PL. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.