15 year fixed rate mortgage @ Virgin Money

Virgin Money have launched a 15 year fixed rate mortgage.

It may not suit everyone and there are better rates out there for fixed deals on shorter terms but this could be ideal for those looking for longer term security.

Rates as follows
65% LTV 2.55% with £1K fees or 2.89% with no fees
75% LTV 2.75% with £1K fees or 2.99% with no fees
85% to 80% LTV 2.99% with £1k fees or 3.19% with no fees

The mortgage is portable but there are hefty early repayment charges as follows.
8% Until 01 Nov 2024
7% Until 01 Nov 2029
5% Until 01 Nov 2031
3% Until 01 Nov 2032
2% Until 01 Nov 2033
1% Until 01 Nov 2034