Virgin Money has made a number of changes to its residential mortgage range, which include rate reductions of up to 0.45 percentage points. 

New deals, available from 22 April are as follows:

Key changes to two-year fixed rate residential products

• Two-year fixed rate at 85% LTV reduced by 0.15 percentage points to 2.39% (£995 product fee)
• Two-year fixed rate at 90% LTV reduced by 0.34 percentage points to 3.45% (fee saver option)

Key changes to three-year fixed rate residential products

• Three-year fixed rate at 65% LTV reduced by 0.40 percentage points to 1.99% (£995 product fee, remortgage only)
• Three-year fixed rate at 70% LTV reduced by 0.30 percentage points to 2.19% (£995 product fee)
• Three-year fixed rate at 75% LTV reduced by 0.25 percentage points to 2.89% (fee saver option)

Key changes to five-year fixed rate residential products

• Five-year fixed rate at 65% LTV reduced by 0.20 percentage points to 2.39% (£995 product fee, remortgage only)
• Five-year fixed rate at 75% LTV reduced by 0.45 percentage points to 3.39% (fee saver option)
• Five-year fixed rate at 90% LTV reduced by 0.21 percentage points to 3.98% (fee saver option)

Key changes to the Intermediary Exclusive range

• Five-year fixed rate at 65% LTV reduced by 0.05 percentage points to 2.34% (£1,495 product fee, remortgage only)

Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “Virgin Money continues to support borrowers in a variety of situations, from those with smaller deposits purchasing a property to those remortgaging to secure an attractive new product.

“The latest changes to our residential product range ensure that we continue to offer attractive options to borrowers across the market.”