The broker exclusive is a two-year fixed rate of 1.19% for remortgage customers with a maximum 50% loan-to-value (LTV), minimum loan size of £300,000 and has a £1,995 fee.

It has also added five fixed-rate residential products and two fixed-rate buy-to-let mortgages – available through brokers and direct.

Virgin Money director of mortgages Peter Rogerson (pictured) said: “We have made further improvements across our mortgage range as we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans.”

 

The new products available from today are:

Sponsored

Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let

Sponsored by Aldermore

Residential products:

• Two-year fixed rate at 65% LTV reduced to 1.28% (£995 product fee)
• Two-year fixed rate at 80% LTV reduced to 1.44% (£995 product fee)
• Two-year fixed rate at 85% LTV reduced to 1.52% (£995 product fee)
• Five-year fixed rate at 65% LTV reduced to 1.82% (£995 product fee)

 

Buy-to-let products:

• Five-year fixed rate at 70% LTV reduced to 2.94% (£995 product fee)
• Five-year fixed rate at 75% LTV reduced to 2.99% (£995 product fee)