Virgin Money offers their lowest ever mortgage rate

Aaron Strutt Image
Virgin Money has launched their lowest ever two-year fixed rate mortgage at 2.13%. It is available to borrowers with a 40% deposit and it has a £995 arrangement fee. The bank also offers a low five-year fixed rate at 2.99% and it is available to borrowers with a 30% deposit. The arrangement fee is £995. Both mortgages are available to a maximum of £1 million, although Virgin has been known to lend over this amount in a limited amount of cases. Aaron Strutt, product manager at Trinity Financial, says: "Virgin's affordability calculator is generous which means they will often lend more money than other banks.  They are also one of the few banks still offering guarantor mortgages." If you would like help to secure a mortgage through Virgin Money, call Trinity on 020 7016 0790. July 24, 2013
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