To 90% LTV rates have been slashed by 0.30%, with 2-year fixes standing at 3.59%, 3-year fixes costing 4.09% and 5-year fixes standing at 4.19% also with no fee.
In terms of intermediary exclusives to 65% LTV Virgin has launched a 2-year fix at 1.84% with a £995 product fee. It has also reduced its 3-year fixes to 2.35% and its 5-year fixes to 2.79% with a £995 fee, while another 5-year fix has been slashed to 2.69% with a £1,495 fee.
Virgin has updated its Help to Buy equity loan ‘Stamp Duty Buster’ range offering £2,500 cashback, with 2-year fixed rates standing at 3.19%, 3-year fixes costing 3.29% and 5-year fixes standing at 3.49%
On the lender’s 65% LTV intermediary exclusive five-year fixed remortgage range the £99 application fee is being waived for a limited period.
Peter Rogerson, Virgin Money’s savings and mortgages director, said: “We’re delighted to begin 2015 by launching our updated mortgage range, which includes rate reductions and some new products.
“We believe our improved mortgage range continues to demonstrate Virgin Money’s commitment to supporting mortgage borrowers in 2015.”