Virgin Money has launched a range of purchase and remortgage exclusives and cut landlord and residential rates by up to 51 basis points.  

The high street lender’s new products cover:  

• £1m-plus remortgage exclusives, with a £1,995 fee  
• 75% loan to value two-year fixes launched at 5.40%  
• 75% LTV five-year fixes launched at 4.95%  

Purchase exclusives, with a £1,295 fee and £500 cashback  

• 65% LTV and 75% LTV two-year fixes launched from 4.97%  
• 65% LTV and 75% LTV five-year fixes launched from 4.53%  

Purchase exclusive fee-savers, with £300 cashback  

• 65% LTV and 75% LTV two-year fixes launched from 5.33%  
• 65% LTV and 75% LTV five-year fixes launched from 4.68%  

The bank’s reductions include:  

• Purchase exclusive £1m-plus fixes cut by up to 51bps, starting from 4.95%  
• Buy-to-let exclusive fixes, with a 3% fee at 60% LTV and 75% LTV cut by up to 20bps, starting from 4.62%  
• Two-, three- and five-year core residential fixes cut by up to 30bps