Virgin Money has announced reductions to selected fixed rate and tracker products within its buy-to-let and residential mortgage ranges.
The revised products will be available from today (15 August) and include 2-year buy-to-let fixed rates reduced by up to 0.8 per cent, 5-year buy-to-let fixed rates reduced by up to 0.5 per cent and 2-year buy-to-let trackers reduced by up to 0.4 per cent.
Virgin Money also announced some changes across its residential mortgage range, with 0.1 per cent reductions on its 2-year tracker to 1.75 per cent up to 70 per cent with a £995 product fee, and the 2-year ‘Freedom to Fix’ tracker to 1.85 per cent up to 70 per cent, also with a £995 product fee.
Peter Rogerson, Virgin Money’s savings and mortgages director, said: “We’re delighted to announce these rate reductions and increase the competitiveness of our mortgage range for our customers, while retaining our offer of £500 cashback across the entire buy-to-let range.”
