Virgin Money has announced reductions to several of its buy-to-let fixed mortgage rates, effective from Tuesday, 20th August.
The changes include rate cuts across both exclusive and standard products, offering competitive options for borrowers in the buy-to-let market.
For exclusive buy-to-let products, the lender is reducing the 60% LTV 5-year fixed rate with a £2,195 fee by 0.03% to 4.31%.
Additionally, the 60% LTV 2-year fixed rate with a 1% fee will see a reduction of 0.08%, bringing it down to 4.69%.
The 75% LTV 2-year fixed rate with a 1% fee will drop by 0.10% to 4.82%, while both the 60% and 75% LTV 5-year fixed rates with a 3% fee will be reduced by 0.03% to 3.90%.
In the standard buy-to-let range, selected rates with a £995 fee will be reduced by up to 0.15%, with new rates starting from 4.45%.
Selected fee-saver options will also see reductions of up to 0.07%, with rates beginning at 4.70%.
For product transfers, selected buy-to-let rates will be reduced by up to 0.15%, with rates starting from 4.17%.
