Virgin cuts rates

The reductions now see Virgin offer a 65% loan to value 2-year fixed rate mortgage at 1.69% and a 65%LTV 5-year fix at 2.55%, both have a £1,495 product fee.

It has also made changes to its larger loans range and will now offer a 2-year fixed rate at 65% LTV reduced to 1.69% and a 5-year fixed rate at 65% LTV reduced to 2.55%, again both come with a £1,495 product fee.

Peter Rogerson, Virgin Money’s mortgage director, said: “Virgin Money is committed to supporting the intermediary market and borrowers in a range of situations.

“Our latest changes make sure we continue to offer attractive options to our intermediary partners for their low LTV clients.”