Virgin Money cuts rates

Highlights of the cuts include 3-year fixed rates at 4.59% for up to 90 LTV and 2-year fixed rates at 3.74% for 85% LTV.

Buy-to-let changes include 2-year fixed rates and 2-year tracker rates from 3.59% and 3.49% respectively.

Peter Rogerson, commercial director for mortgages and savings at Virgin Money, said: “We’re delighted to be able to reduce rates across our mortgage range.

“We want to support customers across the market, and those with both smaller and larger deposits can benefit from these rate cuts.”