Virgin Money has cut home loan rates across a range of exclusive and product transfer deals by up to 80 basis points.  

The high street lender’s reductions cover:  

Purchase exclusives with £500 cashback  

• Two-Year fixes, with a £1,295 fee, down by up 16bps, start from 4.47%  
• Five-Year fixes, with a £1,295 fee, down by up to 27bps, start from 3.92%  
• Two-year fixed-rate fee-savers down by up to 30bps, start from 4.79%  
• Five-year fixed-rate fee-savers down by up to 35bps, start from 4.25%  

Professional purchase exclusives with £300 cashback  

• Two-year fixed-rate fee-savers down by up to 80bps, start from 4.87%  
• Five-year fixed-rate fee-savers down by up to 64bps, start from 4.26%  

Remortgage exclusives with 1% fee  

• Two-year fixes at 60% LTV, with a 1% fee, down by 10bps to 4.24%  
• Two-year fixes at 70% LTV, with a 1% fee, down by 10bps to 4.39%  

Product Transfer  

• Two- and five-year fixes at 65% LTV, with a £1,495 fee, down by 4bps, start from 3.88%  
• Two- three- and five-year fixes at 65% and 75% LTV, with a £995 fee, down by up to 9bps, start from 3.93%