Virgin Money is set to reduce selected buy-to-let (BTL) fixed mortgage rates, effective from tomorrow, Friday 28th February.
For buy-to-let purchase and remortgage customers, Virgin Money will be reducing its 2-year fixed rates with a £995 fee by 0.10%.
Additionally, 2-year fixed rate fee-saver products will see a 0.10% reduction.
In the lenders’ 5-year fixed rate range, products with a £995 fee will be reduced by 0.05%, as will the 5-year fixed rate fee-saver options.
Existing buy-to-let customers looking to transfer their mortgage will also benefit from the rate cuts.
Virgin Money will be lowering its 2- and 3-year fixed rates by 0.10%, while 5-year fixed rates will see a 0.05% reduction.
