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We’re reducing fixed rates
06 July 2026
We wanted to let you know that we’re making the following changes on Tuesday 7 July.
Purchase
- 2 year fixed rates will be reduced by up to 0.10%
- 5 year fixed rates will be reduced by up to 0.10%
- Shared Ownership fixed rates will be reduced by up to 0.10%
- Selected trackers with £999 fee will be reduced by up to 0.11%
Remortgage
- 2 year fixed rates will be reduced by up to 0.16%
- 5 year fixed rates will be reduced by up to 0.10%
- 10 year fixed rates will be reduced by up to 0.09%
- Selected trackers with £999 fee will be reduced by up to 0.15%
Product Transfer
- Selected 2 year fixed rates will be reduced by up to 0.16%
- Selected 3 year fixed rates will be reduced by up to 0.16%
- Selected 5 year fixed rates will be reduced by up to 0.10%
- Selected 10 year fixed rates will be reduced by up to 0.09%
- Selected trackers with £999 fee will be reduced by up to 0.12%
IMPORTANT: If a previously submitted Product Transfer is due to complete 31 July 2026 and you wish to submit a product switch request, then this must be received by Virgin Money no later than the 10 July 2026.
Product Switch requests received after this date for accounts due to complete on 31 July 2026 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
