Virgin Money reboots residential and buy-to-let loans

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Virgin Money has relaunched some of its range of residential and buy-to-let mortgage mortgages.

The new residential range includes a 1.38 per cent two-year fixed rate, at 65 per cent LTV, now 1.28 per cent.

It also incorporates a two-year loan at 1.52 per cent (previously 1.64 per cent) at 85 per cent LTV.

The new buy-to-let range now includes a 2.94 per cent five-year fix at 70 per cent LTV, previously 3.04 per cent.

It also has a 2.99 per cent five-year fix at 75 per cent LTV, which was 3.06 per cent before the cuts.

All the loans have a £995 product fee.

The lender has also brought in an intermediary exclusive residential loan.

This is a 1.19 per cent fixed rate for remortgagors at 50 per cent LTV, with a £1,995 product fee and minimum loan size of £300,000.

Virgin Money director of mortgages Peter Rogerson says: “We have made further improvements across our mortgage range, as we continue to offer attractive options for purchase and remortgage customers looking for residential and buy-to-let loans.”