Virgin Money has made changes to its residential mortgage product range.

It is unveiling new products from tomorrow (3 February).

The details are as follows:

Exclusives (available for a limited two-week period):

• New £1,000 cashback 75% LTV 5 Year £995 fee at 1.79% (Purchase Only)
• New £1,000 cashback 85% LTV 2 Year £995 fee at 2.79% (Purchase Only)
• 90% LTV 2 Year £995 fee at 3.29% (first-time buyer Only) Cashback increased to £1,000

Core Residential:

• Reduced 75% LTV 5 Year £995 fee by 0.15bps to 1.73%
• Reduced 85% LTV 2 Year £995 fee by 0.10bps to 2.69%
• Reduced 85% LTV 3 Year £995 fee by 0.08bps to 2.86%
• Reduced 85% LTV 5 Year £995 fee by 0.08bps to 2.86%
• Reduced 85% LTV 2 Year fee-saver by 0.05bps to 3.01%
• New £500 cashback 90% LTV 2 Year £995 fee at 3.29% (first-time buyer Only) (previously Int. Excl. only at 3.29%)
• New £500 cashback 90% LTV 2 Year fee-saver at 3.39% (first-time buyer Only) (previously Int. Excl. only at 3.49%)

Shared Ownership:

• Reduced 90% LTV 5 Year £995 fee by 0.38bps to 3.86%
• Reduced 90% LTV 5 Year fee-saver by 0.40bps to 4.09%

Product Transfer:

Shared Ownership:

• Reduced 90% LTV 5 Year £995 fee by 0.02bps to 3.86%
• Reduced 90% LTV 5 Year fee-saver by 0.20bps to 4.09%