Effective from 27 January, the bank will launch two-year fixed rates with a £1,495 fee and pricing from 3.84%. Similar three-year fixed rates will be added, starting from 3.89%, and five-year fixed rates from 4.04%.
Virgin Money has reduced the rates of its two-year fixes with a £3,995 fee by up to 0.33%, now starting at 3.54%. Its two-year fixed fee-saver rates will be lowered by 0.27% to start from 4.25%.
The bank will also reduce three-year fixed fee-saver rates by up to 0.26%, with pricing starting at 4.19%.
At 75% LTV, its five-year fix with a £3,995 fee will be cut by 0.12% to 3.94%, and five-year fixed fee saver rates will fall by 0.15% and begin at 4.14%.
Elsewhere, Virgin Money has made one rate increase to its product transfer BTL offering. The five-year fixed rate at 60% LTV with a £3,995 fee is rising by 0.08% to 3.89%.
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Some products have been withdrawn, including two- and five-year fixes with a £995 fee and two-, three- and five-year fixes with a £1,995 fee.
Brokers should submit applications for outgoing products by 8pm on 26 January.
