Clients will no longer be accepting the product transfer offer.
Clients will no longer be accepting the product transfer offer.
Virgin has introduced several sub-4% mortgage rates after the latest round of reductions.
Coventry for Intermediaries' Jonathan Stinton takes a look at why (and how) brokers make the difference for borrowers reaching the end of their mortgage term.
Reduced rates start from 3.99%.
The Bank says the change reflects the detailed work that is often required when completing a product transfer.
The bank recently enhanced its product transfer process.
Product transfer clients could benefit from a lower rate sooner with no ERCs.
The lenders are changing the application window from six months to four months.
Fee-free products are available for new business and product transfers.
The lender is also reducing rates across its two-year Summer Special products by 0.20%.
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