Virgin Money will cut rates on remortgage and landlord exclusives by up to 65 basis points from tomorrow (23 January).  

Highlights of the high street lender’s reductions include:  

Remortgage exclusives  

• Five-year fixes, with a £995 fee, will be reduced by up to 54bps, starting from 4.19%  
• Five-year rate fee-saver fixes, will be reduced by up to 54bps, starting from 4.39%  

Buy-to-let exclusives  

• Two-year fixes, with a 1% fee, will be reduced by up to 65bps, starting from 4.64%  
• Two-year fixes, with a 3% fee, will be reduced by up to 45bps, starting from 3.87%  

The business will also withdraw several products at 8pm this evening (22 January) including:  

• 65% loan-to-value two-year purchase exclusive fixes, with a £1,295 fee at 4.47%  
• 75% LTV two-year purchase exclusive fixes, with a £1,295 fee at 4.52%