Virgin Money has announced rate reductions of up to 0.19% across its residential and buy-to-let mortgage ranges.
In the lender's residential purchase range, exclusive 90% LTV fee-saver products have reduced by 8bps, with two-year fixed rates down to 4.32% and the five-year fix at 4.34%.
At 95% LTV a two-year fix has reduced to 4.84% and a five-year fix has decreased to 4.77%, both fee-free.
For residential remortgage, two-year fixed rates with a £999 fee are down by up to 0.11%, starting from 3.84%, and fee-free products are reducing by up to 0.12%, starting at 4.18%.
In Virgin's buy-to-let range, two-year fixed rates are down by up to 17bps, starting from 2.79% at 60% LTV and 2.87% at 75% LTV, both with a 3% fee. Five-year fixes have reduced to 3.59% and 3.67% respectively.
For product transfer, selected two-year fixed rates have reduced by up to 0.13%, starting from 3.62%, three-year rates are down by up to 0.19% to start from 3.84%, and five-year rates are decreasing by up to 6bps with the lowest rate at 3.76%.
