Virgin Money joins Help to Buy

Wed, 11 Dec 2013

Virgin Money joins Help to Buy
Virgin Money has become the fourth lender to sign up to the second stage of Help to Buy.

The lender has joined the scheme earlier than it said it would originally, and the loan-to-value (LTV) mortgages are available with immediate effect.

Mortgages are being offered at two, three and five-year fixed rates, at 90 and 95 per cent LTV. The 90 per cent LTV mortgages are available at 4.29, 4.69 and 4.89 per cent respectively, and the 95 per cent LTV mortgages are being offered at 5.29, 5.39 and 5.49 per cent respectively.

None of these new mortgages have a product fee, and customers are entitled to claim £300 cashback as a contribution towards legal fees, valuation fees or the overall general cost of moving home.

Anthony Mooney, director of financial services at Virgin Money, said that this move was part of the company lending its support for people moving house.

"Joining the Help to Buy mortgage guarantee scheme today, several weeks ahead of our original plans, further strengthens our commitment to consumers in this under-served part of the market," he added.
add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

Note: For a free no obligation chat with an independant mortgage specialist about your requirements please complete ourmortgage enquiry form below.

Mortgage, Remortgage or Buy-to-Let Mortgage Enquiry Form

Stop Press: Find the perfect mortgage!
Lending criteria has been relaxed and our specialists can find you great mortgage offers to compare.
Our team do all the work to find you the best offer
We'll help you find the best mortgage for your needs and ensure that everything runs as smoothly as possible.
Deposits required are again falling
The cost of the best deals has dropped recently for those borrowing either 80%, 85% or 90% of their property's value
Independent, searching the whole market
With 1000's of mortgage products available our mortgage brokers will source the mortgage that suits your situation.
Please complete this quick, free enquiry form.


Your Details

Home Buyer Guides

Home Buyer News

Speak with an independant mortgage specialist

About Company is part of the SFN Network of websites. Sitefinders Net Ltd is a U.K based company setup in 1995. Our core business is the development of online businesses using the generic domain name concept. We have a growing portfolio of websites in many different industries such as electronics, finance, retail, seasonal and health.

Privacy Policy

Get in Touch