Two-year fixed rate reductions include a 70% LTV reduced to 1.99%, 85% LTV at 2.05%, and 90% LTV from 2.99%.
The three-year fixed rate at 85% LTV has reduced by 0.20% to 2.55%, while the 90% LTV now starts from 3.45%.
Five-year fixes at 85% LTV have been reduced by 0.12% to 3.08%, and now start from 3.68% at 90% LTV.
All rates come with a £995 product fee, £500 cashback for first time buyers, and £300 cashback for home movers.
Peter Rogerson, Virgin Money’s Commercial Director for Mortgages, said:
“We’re delighted to announce these latest reductions to our mortgage rates, which will particularly benefit borrowers with lower deposits. We are also continuing to waive the usual £99 application fee for a limited period, providing a further benefit to customers.”
