Virgin launches broker exclusive at 2.24pc

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “Our latest reductions to mortgage rates benefit a range of borrowers, including those buying a home through the government’s Help to Buy equity loan scheme.

“We expect our new 2-year fixed rate, which is available exclusively through our intermediary partners, to be particularly popular and we are continuing to waive the usual £99 application fee for a limited period, providing a further benefit to customers.”