On the remortgage exclusive side, its two-year fixed rate at 70 per cent loan to value (LTV) with a £1,495 fee and £500 cashback will be lowered by 0.16 per cent to 5.9 per cent and its five-year fixed rate equivalent will decrease by 0.19 per cent to 5.4 per cent.
Its five-year fixed buy-to-let rate at 50 per cent LTV with a £2,195 fee will go down by 0.06 per cent to 5.3 per cent and at 60 per cent LTV the rate will fall to 5.35 per cent.
At 75 per cent LTV, its five-year buy-to-let fixed rate with a £2,195 fee will fall by 0.11 per cent to 5.55 per cent.
These seven-day special remortgage exclusives will be available until 8pm on 7 August.
Purchase exclusives with free valuation and a £1,295 fee between 65 and 90 per cent LTV will decrease by up to 0.35 per cent and start from 5.8 per cent.
On the product transfer side, two-year fixed rates at 65 and 75 per cent LTV will fall by 0.08 per cent and begin from 6.13 per cent.
Craig Calder, head of secured lending at Virgin Money, said: “We are making reductions to a selection of residential and buy-to-let exclusive rates. We have also listened to recent feedback from our intermediary partners regarding product withdrawal notices, and as a result, a range of remortgage exclusive products will be made available for seven days.”
Vida Homeloans reduces rates by up to 0.4 per cent
Vida Homeloans has reduced rates on its buy-to-let and residential range by up to 0.4 per cent.
Buy-to-let rates will start from 6.29 per cent and residential rates will begin from 7.19 per cent.
Rate changes on the buy-to-let side have been applied to its standard range, houses in multiple occupation (HMO) and multi-unit blocks (MUB), expat, fee-saver and variable range.
On the residential side, its standard range five-year fixed rate at 75 per cent LTV has been tweaked, along with its five-year fixed rates in its fee-saver range and two-year deals in its variable range.
The lender has also brought out additional Houses of Multiple Occupation (HMO) and Multi Unit Block (MUB) limited edition products starting at 5.79 per cent.
