Virgin Money has reduced rates across purchase, remortgage and buy-to-let (BTL) exclusives.

For its remortgage products, selected two- and five-year fixed rates will be reduced by up to 0.15% with rates now starting from 3.96%.

Selected product transfer two-, three- and five-year fixed rates will also be reduced by 0.15%, with rates now starting at 3.79%.

Meanwhile, the 95% loan-to-value (LTV) five-year fixed purchase fee saver will be lowered by 0.04% to 4.99% while the two-year fee saver will be reduced by 0.06% to 5.58%.

For BTL exclusives, two- and five-year fixed rates with a 1% fee will be cut by up to 0.14%, starting from 4.07%.

In addition, selected two- and five-year fixed rates with a 3% fee will be reduced by up to 0.07%, starting from 3.73%.

The 75% LTV five-year fixed rate with £2,195 fee will be reduced by 0.02% to 4.16%.

The lender says its early repayment charges have been reviewed as part of the changes.