Virgin Money is launching new products on Thursday 30 May.

It is also increasing rates on two existing mortgage products.

The new deals are as follows:

Purchase Exclusive:

• New 90% LTV Greener New Build five-year fixed rate with £995 fee and £300 cashback at 4.87%.
  Product Transfer
• New 90% LTV Residential two-year ERC Free Tracker with £495 fee at 6.19%.
• New 75% LTV buy-to-let two-year ERC Free Tracker with £995 fee at 6.45%.

Virgin Money is also be making the following changes to existing products:

• 85% LTV Shared Ownership two-year fixed rate fee saver will be increased by 0.10% to 5.39%.
• 85% LTV Product Transfer two-year Flexi Tracker with £995 fee will be reduced by 0.24% to 6.15%.