Virgin Money has cut rates on two of its remortgage two-year fixes and launched a number of new remortgage deals.
The two cuts comprise the 75% LTV fix with £995 fee, which has had 31 basis points removed, taking it to 5.39%, and the 75% LTV fix, also with £995 fee, where a 16 basis point cut brings the price to 5.19%.
Both of the above products come with £500 cashback.
This cashback category of remortgage offers also sees the launch of three new products. They all charge a £995 fee and are as follows:
- A 65% LTV five-year fix at 4.93%
- A 75% LTV five-year fix at 4.98%
- An 85% LTV five-year fix at 5.14%
And in its buy-to-let (BTL) range, Virgin Money has come up with four new products. They all charge a £3,995 fee and consist of:
- A 50% LTV two-year fix at 5.09%
- A 60% LTV two-year fix at 5.19%
- A 50% LTV five-year fix at 4.99%
- A 60% LTV five-year fix at 5.09%
Additionally, in its Core range the lender has brought out a new ‘Freedom to Fix’ tracker range, all with a £995 fee and with prices starting from 3.60%, and has cut rates by up to 54 basis points within its 65% LTV fixed range.
The Core range also sees its 85% LTV two- and three-year fixed range receive an 11 basis point cut.
