Virgin Money - We’re reducing selected fixed rates

23 July 2025

We wanted to let you know that we’re making the following rate reductions on Thursday 24 July.

Purchase

• 95% 2 Year Fixed Rate fee-saver will be reduced by 0.10%, to 4.94%.
• 95% 5 Year Fixed Rate fee-saver will be reduced by 0.10%, to 4.69%.

Remortgage

• Selected 2 year fixed rates will be reduced by up to 0.15%, starting from 4.09%.
• Selected 5 year fixed rates will be reduced by up to 0.05%, starting from 4.11%.

BTL

• 75% LTV 2 Year Fixed Rate with 1% fee will be reduced by 0.05%, to 4.09%.
• 75% LTV 5 Year Fixed Rate with 3% fee will be reduced by 0.07%, to 3.75%.

Product Transfer

• 1 year fixed rates will be reduced by 0.15%, starting from 4.99%.
• Selected 2 & 3 year fixed rates will be reduced by up to 0.15%, starting from 3.74%.
• Selected 5 year fixed rates will be reduced by up to 0.12%, starting from 3.78%.

IMPORTANT: If a previously submitted Product Transfer is due to complete 31/07/25, it is too close to the completion date for us to process a product switch in time.

Product Switch requests for accounts due to complete on 31/07/25 will be rejected as this would result in your client being charged an SVR payment in August.

You can find our current rates in our Product Guide. If you’ve got any questions, you can get in touch with your Business Development Manager or dedicated Mortgage Service Team.

The team at Virgin Money