Virgin Money cuts rates

The lender is offering 2-year fixes at 3.45% to 90% LTV and 2.39% to 85% LTV, with the latter product coming with a £995 product fee.

With 3-year fixes products include a remortgage only deal at 1.99% to 65% LTV and 2.19% to 70% LTV, both with a £995 fee.

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “Virgin Money continues to support borrowers in a variety of situations, from those with smaller deposits purchasing a property to those remortgaging to secure an attractive new product.

“The latest changes to our residential product range ensure that we continue to offer attractive options to borrowers across the market.”

Virgin has also cut its 65% LTV 5-year remortgage fix, which now stands at 2.34% with a £1,495 fee.