The professional range is open to applicants who are fully qualified and employed in one of the following occupations: accountant, architect, barrister, chartered surveyor, engineer, financial adviser, medical, pilot, police officer, solicitor, teacher or vet.
The range is available for both purchases and remortgages, with rates starting at 4.90 per cent for its five-year fixed rate fee-saver, available for borrowers with a 30 per cent deposit. The two-year range starts at 5.22 per cent for those with a 25 per cent deposit.
Alongside the new professional range, Virgin has made a host of other changes to its products. It has launched a range of purchase exclusives with £500 cashback, including a two-year fixed rate at 4.57 per cent, available up to 65 per cent loan to value (LTV), with a £1,295 fee.
Rates have also been reduced on other deals. On purchase exclusives, rates have been reduced by up to 0.23 percentage points, while remortgage exclusives which come with a one per cent fee have had their rates trimmed by up to 0.25 percentage points.
On product transfers, rates have been reduced by up to 0.74 percentage points.
On the buy-to-let range, exclusives have been reduced by up to 0.20 percentage points, with rates now starting from 4.32 per cent.
The new products and rate changes take effect from today.
