Virgin Money Remortgage 20 December 2022 at 11:53AM in Mortgages & endowments 4 replies 250 views

TheJP

Has anyone re-mortgaged with Virgin recently as an existing customer? What sort of rates have they offered?

kingstreet

See page eight where broker product transfer rates can be found;-

https://intermediaries.virginmoney.com/virgin/assets/pdf/mortgage_update.pdf

ACG

Ive been with them a while. Historically their rates are about 0.5% above the best buys. Sometimes it can be a little higher. 
Its an easy enough process, although I do it as a broker (as they pay me commission on my own mortgage haha), rather than an individual. 

Maka344

ACG said:

Ive been with them a while. Historically their rates are about 0.5% above the best buys. Sometimes it can be a little higher. 
It’s an easy enough process, although I do it as a broker (as they pay me commission on my own mortgage haha), rather than an individual. 

When it comes to product switches with them, if you quote the value on file, do they tend to just accept that and process the product switch? And is it easy enough switching from one of their fox products to a tracker? 

Thanks and sorry to hijack. 

ACG

I think they use a desktop valuation to value your property. You can accept that and easy enough, if you want a new valuation I think you might have to pay for it. 

You can choose whatever products they have available to you, whether you are going from fixed to variable to variable to fixed.