Virgin Money has made rate reductions to selected fixed rate and tracker mortgages within its mortgage range.

Virgin Money now offers a two-year fixed rate product at 2.09% up to 60% LTV, a three-year fixed rate product at 2.65% up to 70% LTV and a five-year fixed rate mortgage at 3.28% up to 70% LTV. All come with a £995 product fee.

Virgin Money Fee Saver products have also been improved, with two-year fixed rates available from 2.64% and no fee.
Selected Virgin Money buy-to-let products have also been reduced, with a two-year fixed rate at 3.44% up to 70% LTV with a £1,995 product fee.

Virgin Money continues to offer mortgages for those customers with smaller deposits, with a two-year fixed rate product at 3.75% up to 85% LTV and a five-year fixed rate at 4.54% up to 85% LTV. Both come with a £995 product fee and £300 cash back.

Peter Rogerson, Virgin Money’s savings and mortgages director, said: “We have announced a number of helpful rate reductions across our mortgage range, as we look to support both residential and buy-to-let customers.

“We continue to offer a broad range of attractive products which are backed by a strong customer service proposition.”