Virgin Money has made changes to its mortgage range including the launch of new products and reductions to selected rates. All products are available with immediate effect.

All 95% LTV residential fixed rates available at 4.99%, with no product fees:

• two-year fixed rate reduced by 0.25 percentage points to 4.99%
• three-year fixed rate reduced by 0.70 percentage points to 4.99%
• five-year fixed rate reduced by 0.80 percentage points to 4.99%.

All 90% LTV residential fixed rates reduced by 0.30 percentage points, with no product fees:

• two-year fixed rate reduced to 3.59%
• three-year fixed rate reduced to 4.09%
• five-year fixed rate reduced to 4.19%.

New Help to Buy Equity Loan Stamp Duty Buster range launched, offering cashback of £2,500

• A new two-year fixed rate Stamp Duty Buster at 75% LTV available at 3.19%, with a £995 product fee.
• Three-year fixed rate Stamp Duty Buster at 75% LTV reduced to 3.29% – a reduction of 0.20 percentage points – with a £995 product fee.
• Five-year fixed rate Stamp Duty Buster at 75% LTV reduced to 3.49% – a reduction of 0.30 percentage points – with a £995 product fee.

Virgin Money has launched a number of new products across its Intermediary Exclusive range, which is available through intermediaries registered with a Virgin Money national account.

• A new two-year fixed rate at 65% LTV available at 1.84%, with a £995 product fee.
• Three- year fixed rate at 65% LTV reduced to 2.35%, with a £995 product fee.
• Five-year fixed rate at 65% LTV reduced to 2.79%, with a £995 product fee.
• Five-year fixed rate at 65% LTV reduced to 2.69%, with a £1,495 product fee.
• The £99 application fee is being waived, for a limited period only, on all 65% LTV Intermediary Exclusive five-year fixed remortgage rates.

Peter Rogerson, Virgin Money’s savings and mortgages director, said: “We’re delighted to begin 2015 by launching our updated mortgage range, which includes rate reductions and some new products.

“We believe our improved mortgage range continues to demonstrate Virgin Money’s commitment to supporting mortgage borrowers in 2015.”