Virgin Money is reducing selected buy-to-let fixed rates tomorrow (Tuesday 20 August).

The changes will affect the lender’s buy-to-let, exclusive buy-to-let and product transfer buy-to-let ranges.

Details are as follows:

Exclusive buy-to-let:

• 60% LTV 5 Year with £2,195 fee will be reduced by 0.03%, to 4.31%.
• 60% LTV 2 Year with 1% fee will be reduced by 0.08%, to 4.69%.
• 75% LTV 2 Year with 1% fee will be reduced by 0.10%, to 4.82%.
• 60% LTV 5 Year with 3% fee will be reduced by 0.03%, to 3.90%.
• 75% LTV 5 Year with 3% fee will be reduced by 0.03%, to 3.90%.

Buy-to-let:

• Selected rates with £995 fee will be reduced by up to 0.15%, with rates starting from 4.45%.
• Selected fee-savers will be reduced by up to 0.07%, with rates starting from 4.70%.

Product Transfer:

• Selected buy-to-let rates will be reduced by up to 0.15%, with rates starting from 4.17%.