Virgin Money has launched new residential loans and made selected cuts of up to 21 basis points, while withdrawing a range of remortgage exclusive deals. 

Highlights of the lender’s new deals and reductions include: 

Remortgage exclusives, with a £995 fee and £250 cashback 

• 60% loan to value two-year fixed-rate offers launched at 5.40% 
• 70% LTV two-year fixed-rate loans launched at 5.49% 
• 60% LTV five-year fixed-rate products launched at 4.95% 
• 70% LTV five-year fixed-rate deals launched at 4.98% 
• 60% LTV seven-year fixed-rate products launched at 4.95% 

BTL remortgage & purchase exclusives, with a £2,195 fee 

• 50% LTV five-year fixed-rate deals reduced by 21bps at 4.99% 
• 60% LTV five-year fixed-rate offers reduced by 21bps at 5.01% 

BTL remortgage & purchase exclusives, with a 3% fee 

• 60% LTV two-year fixed-rate products reduced by 15bps at 4.72% 
• 75% LTV five-year fixed-rate offers reduced by 15bps at 5.12% 
• Exclusive BTL portfolio fixed-rate loans, with a 3% fee, reduced by 15bps 

The lender adds that selected product transfer fixed-rate offers will be reduced by up to 14bps, with rates starting from 4.99%. 

The business has also withdrawn the following offers. 

Remortgage exclusives, with a £995 fee – 7 Day Specials 

• 60% LTV five-year fix at 4.90% 
• 70% LTV five-year fix at 4.95% 

Remortgage exclusives, with a £995 fee 

• 60% LTV two-year fix 
• 70% LTV two-year fix 
• 60% LTV seven-year fix