The lender is now offering a 95 per cent loan to value (LTV) five-year fix fee-saver at 5.09 per cent, as well as a 10-year equivalent at 5.59 per cent.
At the same time, Virgin has cut fixed rates between 65 and 85 per cent LTV by up to 0.19 per cent on its core range.
Exclusive rates between 75 and 90 per cent LTV on five-year fixes with £995 fee have been cut by up to 0.12 per cent to start from 4.22 per cent.
And exclusive purchase five-year deals with a £1,495 fee have been reduced by up to 0.18 per cent with rates now starting from 3.99 per cent.
Exclusive remortgages deals with cashback have also seen rate reductions, as well as product transfers.
Richard Walker, head of intermediary sales at Virgin Money (pictured), said: “Many borrowers, including first time buyers, are looking for a longer term product which guarantees a fixed rate and a consistent payment for the term of the product.
“These new five and 10- year fixed rates at 95 per cent LTV offer exactly that, and mean more aspiring home owners can get their foot on the housing ladder and get the keys to their first property.
“We’ve also refreshed our range of intermediary exclusives, including competitive five-year fixed rates starting from 3.95 per cent, as we continue to support many types of customers with their mortgage needs.”
