Virgin Money reduces mortgage rates by up to 0.16%

Virgin Money has reduced the interest rates on a number of its fixed rate mortgage products by up to 0.16%. The new range, which features residential products for both purchase and remortgage customers, is available from Thursday, 14 June 2012.

Virgin Money also continues to offer its popular cashback incentive on a number of purchase products. For customers remortgaging from another lender, free standard legal services and a free basic valuation are also available for residential customers.

The Buy to Let range continues to offer a cashback incentive of £500 on completion, in order to help customers cover the costs associated with managing their portfolio.

The new mortgage products are offered by Northern Rock plc and are available through our registered mortgage intermediaries, our Northern Rock branch network and online. Details of the full range are available to direct customers at northernrock.co.uk/mortgages/