Virgin Money launches Rate Reducer mortgage with Own New, offering lower interest rates for selected Barratt Homes developments.
Virgin Money launches new mortgage offering, Rate Reducer, in partnership with Own New for more affordable new-build homes. The product uses completion incentive budgets from homebuilders to provide lower interest rate mortgages, reducing monthly repayments for the initial fixed rate period, and ensuring customers pay off more of their home's capital value. Initially available for selected Barratt Homes developments.
February 23, 2024
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