Virgin cuts rates and adds cashback deals

Virgin Money has launched new purchase exclusive products with £1,000 cashback.

It has also unveiled a new 95% LTV three-year fixed rate, available at the same price as its two-year fix.

The changes, which take effect from Friday 18 June, are as follows:

Purchase Exclusive £1,000 Cashback range:

New 2 year fixed rate at 75% LTV 2 Year with £1,495 fee launched at 1.28%
New 2 year fixed rate at 80% LTV with £995 fee launched at 1.93%
5 year fixed rate at 75% LTV with £995 fee reduced by 0.11 percentage points to 1.49%
2 year fixed rate at 85% LTV with £995 fee reduced by 0.10 percentage points to 2.30%
5 year fixed rate at 85% LTV 5 with £995 fee reduced by 0.12 percentage points to 2.58%

Core Residential:

New 3 year fixed rate fee saver at 95% LTV launched at 3.64%
2 year fixed rate fee saver at 95% LTV reduced by 0.15 percentage points to 3.64%
2 year fixed rate at 65% LTV with £995 fee reduced by 0.20 percentage points to 1.79%
2 year fixed rate at 75% LTV with £995 fee reduced by 0.20 percentage points to 1.88%
2 year fixed rate at 90% LTV with £995 fee reduced by 0.25 percentage points to 2.84%
2 year fixed rate fee saver at 90% LTV reduced by 0.20 percentage points to 3.14%
3 year fixed rate fee saver at 90% LTV reduced by 0.20 percentage points to 3.14%

Greener Mortgage Range:

2 year fixed rate at 65% LTV with £995 fee reduced by 0.20 percentage points to 1.69%
2 year fixed rate at 75% LTV with £995 fee reduced by 0.20 percentage points to 1.78%
2 year fixed rate at 85% LTV with £995 fee reduced by 0.05 percentage points to 2.23%
5 year fixed rate at 85% LTV with £995 fee reduced by 0.05 percentage points to 2.53%

Buy-to-let:

5 year fixed rate at 60% LTV with £1,995 fee reduced by 0.21 percentage points to 1.78%
5 year fixed rate at 60% LTV with £995 fee reduced by 0.17 percentage points to 1.88%
3 year fixed rate at 75% LTV with £1,995 fee reduced by 0.07 percentage points to 1.74%
2 year fixed rate at 75% LTV with £1,995 fee reduced by 0.07 percentage points to 1.74%
2 year fixed rate at 75% LTV with £995 fee reduced by 0.06 percentage points to 1.79%
2 year fixed rate at 80% LTV with £995 fee reduced by 0.07 percentage points to 3.29%
5 year fixed rate at 80% LTV with £995 fee reduced by 0.24 percentage points to 3.35%

Buy-to-let Portfolio:

5 year fixed rate at 60% LTV with £1,995 fee reduced by 0.21 percentage points to 1.88%
5 year fixed rate at 60% LTV with £995 fee reduced by 0.17 percentage points to 1.98%
2 year fixed rate at 75% LTV with £1,995 fee reduced by 0.07 percentage points to 1.84%
2 year fixed rate at 75% LTV with £995 fee reduced by 0.06 percentage points to 1.89%

Shared Ownership: