Virgin Money cuts residential mortgage rates

The rate reductions take effect starting today

Virgin Money cuts residential mortgage rates

Virgin Money has announced another set of changes – this time to its residential mortgage range.

Effective today, November 30, the lender has reduced the rates of its remortgage exclusive products. The five-year fix at 65% LTV with £995 fee has been lowered by 0.10% to 4.83%, while the one at 75% LTV has been reduced by 0.10% to 4.88%.

Under the core residential range, the five-year fix at 65% LTV with no fee has been cut by 0.10% to 4.89%. Selected two-, three-, and five-year fixed rates have been reduced by up to 0.31%.

A complete list of the lender’s current rates can be viewed on its latest mortgage product update