The lender has followed cuts at NatWest, Nationwide and Barclays by trimming its two-year 70% and 75% LTV mortgages to 3.55% and 3.79% respectively.
Virgin has also cut its buy to let everyday fixed rate mortgages with its two-year 60% LTV deals moving from 4.10% to 4.05% and the 70% LTV product dropped from 4.25% to 4.15%. The new deals include a buy-to-let mortgage for purchase or remortgage, fixed for three years at 4.69%, up to a maximum 70% loan to value.
The buy-to-let range also includes a cashback incentive of £500 on completion.
The Newcastle-based bank continues to offer a cashback on some purchase products. For customers remortgaging from another lender, free standard legal services and a free basic valuation are also available.
Meanwhile, National Counties Building Society has pulled its buy-to-let range of products and introduced three new offers.
