Virgin Money cuts resi and BTL rates

Virgin Money has reduced rates across its residential and buy-to-let mortgage ranges.

Virgin Money cuts resi and BTL rates

Virgin Money has reduced rates across its residential and buy-to-let mortgage ranges.

Notable cuts include the 90% LTV 2-year fix reduced by 0.06% to 3.23%, and the 85% LTV 2-year fix, decreased by 0.10% to 2.59%.

Both offerings are exclusive for purchase, include £1,000 cashback, and a £999 fee.

As well as this, the 90% LTV 2-year fee-saver has been reduced by 0.05% to 3.34%, and the 85% LTV 5-year fee-saver, cut by 0.10% to 3.03%.

Within the buy-to-let range, the 85% LTV 2-year fix fee saver has been cut by 0.89% to 3.59%.

For product transfers, the 85% LTV 2-year fixed rate fee saver has been reduced to 2.82%.

The lender has also extended the end dates to 1 August of the relevant year.

The new range will be available from Tuesday 23 March.