The seven-day special remortgages which were available for a week have been pulled, as have remortgage exclusives with a £999 fee. These were available at 60 and 70 per cent loan to value (LTV).
The lender has increased the rate of its freedom to fix product by 0.07 per cent to 5.55 per cent. This is a two-year tracker deal at 65 per cent LTV which allows borrowers to switch to a fixed rate without paying an early repayment charge.
Elsewhere, the lender has launched remortgage exclusives for residential borrowers with a £995 fee and £250 cashback.
Rates start at 4.95 per cent for either a five or seven-year fix at 60 per cent LTV. At the same tier, there is a two-year fix priced at 5.4 per cent. At 70 per cent LTV, a two-year fix has a rate of 5.49 per cent while the five-year fixed option is priced at 4.98 per cent.
Virgin Money has also reduced rates on buy-to-let remortgage and purchase deals, as well as residential purchase products by up to 0.26 per cent.
For example, its purchase and remortgage exclusive product for buy-to-let borrowers at 60 per cent LTV and fixed for two years now has a rate of 4.72 per cent. This product has a three per cent fee and the rate has been reduced by 0.15 per cent.
At 75 per cent LTV, the corresponding two-year fix has been reduced by the same amount to 4.77 per cent.
The lender has reduced fixed product transfer rates by up to 0.14 per cent and pricing now starts from 4.99 per cent.
The new range is available from today.
