Virgin Money will cut a range of core, exclusive, buy-to-let and product transfer deals from tomorrow (31 March). 

Exclusive highlights include: 

• A 65% loan-to-value purchase five-year fix, with a £1,495 fee will be reduced by 14 basis points to 3.90%
• A 65% LTV remortgagefive-year fix, with a £995 fee will be reduced by 21bps to 3.91% 
• Selected fixes will be reduced by up to 20bps

 Core highlights include: 

• A 65% LTV five-year fix, with a £995 fee will be reduced by 15bps to 3.95%
• A 65% LTV five-year fix fee-saver will be reduced by 10bps to 4.14%
• Selected fixed rates will be reduced by up to 15bps

 BTL core and exclusive highlights include: 

• A 50% LTV two-year fix, with a £3,995 fee will be reduced by 11bps to 4.07%
• Selected fixed rates will be reduced by up to 10bps

The lender also says that selected residential and BTL product transfer fixes will be reduced by up to 33bps. 

 The firm adds that from 8pm tonight it will increase the following products: 

• An exclusive residential 75% LTV purchase two-year fix, with a £1,495 fee will be increased by 10bps
• Selected product transfer fixed rates will be increased by up to 10bps

Virgin Money head of intermediary sales Richard Walker says: “We have made a number of reductions across our residential and BTL range supporting all segments of the market including those customers who may be looking to make the next step on the housing ladder.  

“For those customers looking for longer term security we have a new five-year fixed rate at sub 4% at 65% LTV.”