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- At Virgin Money we offer a range of mortgages. All of our remortgage products come with a free valuation and free legal costs so that’s one thing you don’t have to worry about. All you need to do is decide which product is best for you:
uk.virginmoney.com/mortgages/learn/Remortgage/
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When it's time for a mortgage makeover. Talk to our mortgage team. Own your home and own your mortgage. Our deals flex when you need them to, putting you in control. Our remortgage deals can come with additional benefits, such as free basic valuation and standard legal costs included.
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You can remortgage during the term of your current deal if this makes financial sense. However, you must bear in mind that remortgaging isn't a free process; your current lender may charge an exit fee, as well as an early repayment charge if you decide to leave early, and you're likely to incur costs when setting up your new deal.
Jun 20, 2024 · Yes, you can remortgage early with Virgin Money. However, you may have to pay an early repayment charge if your current deal hasn't ended yet. As existing mortgage customers with a Virgin Money mortgage, it's always best to check the terms of your current mortgage before making a decision.
Nov 11, 2023 · Virgin Money has made moves to stand out from the crowd by introducing residential remortgage products charging a percentage fee, rather than a fixed fee. The new deals, which come at 60% and 70% loan-to-value (LTV), offer market-leading interest rates of 5.09% and 5.15% and a fee of 1% of the total mortgage amount.
If rates rise, you've a cheaper deal locked in. If rates fall, it's likely you can ditch the mortgage you secured in October, and get one at a lower rate closer to when you need it. You can either do this with your existing lender (known as a product transfer) or if remortgaging to a new lender.
Apr 4, 2024 · Yes, it's entirely possible to remortgage with the same institution that's currently holding your mortgage. This could be a wise move, especially if you're currently on a standard variable rate (SVR). SVRs are typically higher than other types of mortgage rates, such as fixed or tracker rates.
Apr 30, 2024 · Virgin Money remortgages. If you’re looking to remortgage, Virgin offers fixed-rate and tracker remortgage deals up to 95% LTV, which include free valuation and legal fees.