Virgin reduces mortgage rates

Virgin Money has reduced the interest rates on a number of its fixed rate mortgages by up to 0.20%

The new range features residential and buy-to-let products for both purchase and remortgage customers.

It is offering two-year fixed rates available from 3.55% for both purchase and remortgage customers and five-year fixed rates from 4.09%, as well as fixed rate buy-to-let mortgages from 3.85%.

Virgin Money also continues to offer its cashback incentive on a number of purchase products. For customers remortgaging from another lender, free standard legal services and a free basic valuation are also available.

The buy-to-let range also includes a cashback incentive of £500 on completion.