Virgin Money cuts BTL and residential mortgage rates

Virgin Money has made a series of reductions across its residential and buy-to-let range.

The changes include the following:

Remortgage Exclusives

• 5 year fixed rate at 75% LTV with £1,495 fee reduced from 1.29% to 1.22%
• 2 year fixed rate at 80% LTV with £1,495 fee reduced from 1.64% to 1.58%
• 5 year fixed rate at 80% LTV with £1,495 fee reduced from 1.95% to 1.84%

Purchase Exclusive £1000 Cashback range

• 5 year fixed rate at 80% LTV with £995 fee reduced from 1.99% to 1.89%
• 2 year fixed rate at 85% LTV with £1495 fee reduced from 1.93% to 1.88%
• 5 year fixed rate at 85% LTV with £1495 fee reduced from 2.33% to 2.28%

Residential

• 2 year fixed rate at 85% LTV with £995 fee reduced from 1.98% to 1.93%
• 2 year fixed rate at 85% LTV with no fee reduced from 2.53% to 2.24%
• 3 year fixed rate at 85% LTV with £995 fee reduced from 2.51% to 2.22%
• 3 year fixed rate at 85% LTV with no fee reduced from 2.53% to 2.24%
• 5 year fixed rate at 85% LTV with £995 fee reduced from 2.43% to 2.38%
• 5 year fixed rate at 85% LTV with no fee reduced from 2.78% to 2.52%
• 2 year fixed rate at 90% LTV with £995 fee reduced from 2.39% to 2.30%
• 2 year fixed rate at 90% LTV with no fee reduced from 2.99% to 2.59%
• 3 year fixed rate at 90% LTV with no fee reduced from 2.99% to 2.59%
• 5 year fixed rate at 90% LTV with £995 fee reduced from 2.94% to 2.84%
• 5 year fixed rate at 95% LTV with no fee reduced from 2.60% to 3.57%

Greener Mortgage Range

• 2 year fixed rate at 65% LTV with £995 fee reduced from 1.69% to 0.94%
• 5 year fixed rate at 65% LTV with £995 fee reduced from 1.25% to 1.04%
• 2 year fixed rate at 85% LTV with £995 fee reduced from 1.88% to 1.83%
• 5 year fixed rate at 85% LTV with £995 fee reduced from 2.33% to 2.28%

Buy-to-let

• 3 year fixed rate at 65% LTV with £1995 fee reduced from 1.71% to 1.52%
• 5 year fixed rate at 65% LTV with £1995 fee reduced from 1.78% to 1.68%
• 5 year fixed rate at 65% LTV with £995 fee reduced from 1.79% to 1.74%
• 2 year fixed rate at 75% LTV with £1995 fee reduced from 1.69% to 1.53%
• 3 year fixed rate at 75% LTV with £1995 fee reduced from 1.69% to 1.53%
• 3 year fixed rate at 75% LTV with £995 fee reduced from 2.73% to 1.85%