Virgin cuts residential and buy-to-let rates by up 0.20%

Selected buy-to-let rates in its broker exclusive and product transfer ranges have also seen increases.

Related topics:  Virgin Money,  Mortgage rates
Rozi Jones | Editor, Financial Reporter
16th February 2026
Virgin Money

Virgin has announced rate reductions and increases across products in its residential and buy-to-let ranges.

Available from tomorrow, selected residential purchase and remortgage rates will reduce by up to 0.17%.

In its remortgage range, selected two-year fixed rates will reduce by up to 0.17%, now starting from 3.84% with a £999 fee and 4.14% fee-free.

Selected five-year rates are decreasing by up to 0.10%, starting from 3.94% with a £999 fee and 4.10% fee-free.

Purchase rates will decrease by up to 0.13%, with two-year fixed rates starting from 3.80% with a £999 fee and 4.01% fee-free, and five-year rates starting from 3.96% and 4.04% respectively.

Shared ownership rates will also see cuts of up to 0.13%.

In Virgin's residential product transfer range, rates are down by up to 0.11% with two-year rates starting from 3.58%, three-year rates from 3.80%, and five-year rates from 3.71%.

Virgin's buy-to-let product range has seen rate increases alongside reductions of up to 0.20%.

In its broker exclusive range, selected two-year fixed rates have reduced by up to 0.08%, starting from 2.78%, while five-year rates have increased by up to 0.07%.

Core two-year fixed rates with a £995 fee will reduce by up to 0.19% and selected five-year rates are down by 0.06%. 75% LTV two and five-year fixed rates will reduce by between 14-20bps with no fees, starting from 4.35%.

An 80% LTV five-year fixed rate with a £995 fee has increased by 8bps to 4.92%.

In Virgin's buy-to-let product transfer range, selected two and five-year fixed rates have increased by up to 5bps, with other five-year rates reduced by up to 0.15%.

As part of the changes, end dates will move to 1st June of the relevant year.

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