90% LTV changes:
- two year fixed rates available at 4.35% - a reduction of 0.30%
- three year fixed rates available at 4.59% - a reduction of 0.40%
- five year fixed rates also available at 4.79% - a reduction of 0.20%
85% LTV changes:
- two year fixed rates available at 3.74% - a reduction of 0.20%
- three year fixed rates available at 3.95% - a reduction of 0.20%
- five year fixed rates available at 4.15% - a reduction of 0.14%
60% LTV changes:
- two year fixed rates available at 2.34% - a reduction of 0.15%
Buy to let changes:
- Cashback incentive increased from £300 to £500
- Two year fixed rates will start from 3.59%
- Two year tracker rates available at 3.49%
Peter Rogerson, Commercial Director for Mortgages and Savings at Virgin Money said:
“We’re delighted to be able to reduce rates across our mortgage range. We want to support customers across the market, and those with both smaller and larger deposits can benefit from these rate cuts.”
