Just Another Points Traveler shows how to transfer Ultimate Rewards points to Virgin Atlantic and fly to London for only 13,000 points one-way! Read the details here. Point Me to the Plane confirms the trick works here.
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Pretty sure this deal is dead! I looked a few days ago, found the deal, came back a few days later (today) to book it, and it was up to 17,500 and $97.50. I tried several different dates and I even tried different airports, but they all yielded the same results. Sad I missed out on this one! I was going to take my family of 4 + an infant for 53,000 miles!