Virgin Money has made changes to its 90% LTV products.

It has also made changes to its loan to income policy for both Virgin Money and Clydesdale Bank.

The changes come into effect on Thursday 4 March.

Virgin Money is expanding the availability of its 90% LTV first-time buyer 2, 5, 7 and 10 year fixed rates to next time buyers and remortgagers.

Meanwhile, its 90% LTV products are now available under the following lending criteria:

• Maximum property value increased from £400k to £500k
• Maximum term increased from 25 years to 30 years

The 90% LTV first-time buyer intermediary exclusive with £1000 cashback will now also be made available to next time buyers.