Virgin Money has made a series of rate reductions in its residential mortgage range.
The changes are as follows:
Core Residential rate reductions:
- 85% LTV 2 Year £995 fee by 0.04 percentage points to 2.79%
- 85% LTV 2 Year fee saver by 0.07 percentage points to 3.06%
- 85% LTV 3 Year fee saver by 0.13 percentage points to 3.16%
- 85% LTV 5 Year fee saver by 0.13 percentage points to 3.16%
- First Time Buyer 90% LTV 5 Year £995 fee by 0.03 percentage points to 3.46%
Exclusive rate reductions:
- First Time Buyer 90% LTV 2 Year £995 fee by 0.15 percentage points to 3.29%
- First Time Buyer 90% LTV 2 Year fee saver by 0.20 percentage points to 3.49%
The changes are effective from tomorrow (26 January).