Homedirect loanVirgin Cash lifts charges on resi, remortgage merchandise by as much as...

Virgin Cash lifts charges on resi, remortgage merchandise by as much as 30bps



Virgin Cash says it has raised charges on a spread of chosen fixed-rate residential and remortgage merchandise by as much as 30 foundation factors.

The lender, which is owned by the Clydesdale Financial institution group, says all of its five-year fixed-rate presents with a product charge will rise by 30bps.

It provides all different fixed-rate offers will raise by 20bps. And chosen product switch fixed-rate mortgages will enhance by as much as 30bps.

The high-street lender says a 65% loan-to-value five-year fixed-rate remortgage supply, with a £995 charge lifts from 3.24% to three.54%. It additionally comes with free valuations and legals.

A 65% LTV five-year fixed-rate remortgage deal, with no charge, rises from 3.59% to three.79%. It additionally comes with free valuations and legals.

A 65% LTV five-year fixed-rate product switch, with a £995 charge, rises from 3.18% to three.24%.

A 65% LTV five-year fixed-rate product switch, with no charge, lifts from 3.39% to three.47%.

And a 90% LTV five-year fixed-rate buy, with cashback and a £995 charge will increase from 3.53% to three.83%.

The financial institution says these adjustments take impact from 8pm this night. It provides the tip dates of the related merchandise will transfer to 1 December of the related yr.

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