Other two-year fixes include a rate with £500 cashback and no product fee reduced by 0.21% to 2.38%.
Virgin's five-year fixed rate with £500 cashback has been cut by 0.08% to 2.60%.
In addition, the previous maximum loan size of £187,500 applicable to Help to Buy equity loan Stamp Duty Buster products has been removed, making the products available to a broader range of customers.
Virgin has also made changes to its core residential mortgage product range. New products include a two-year fixed rate at 75% LTV reduced to 2.38%, and a two-year tracker at 75% LTV, reduced to 2.38%, both with no product fee.
Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said:
“The Help to Buy equity loan scheme provides welcome support for first time buyers and home movers buying new build property, and we’re delighted to continue our support for the scheme with these latest improvements to our product range.”
