As of 8pm this evening, Virgin Money is introducing changes to its core residential range, in particular its 85% loan-to-value (LTV) products.
Selected 85% LTV rates will be reduced by up to 0.05%.
Additionally, the lender also plans on implementing changes to its buy-to-let and product transfer ranges as of tomorrow.
For its buy-to-let Purchase and Remortgage Exclusives Virgin is launching a new 65% LTV 2-year fixed rate with £995 fee at 4.90%, as well as a 65% LTV 5-year fixed rate with £995 fee at 4.65%.
As for its standard buy-to-let range, its 60% LTV 2-year fixed rate with £995 fee will be reduced by 0.15% to 4.82%, its 60% LTV 5-year fixed rate with £995 fee will be reduced by 0.06% to 4.60%, and selected Portfolio Landlord 60% LTV fixed rates will be reduced by up to 0.15%.
Additionally, 75% LTV fee-savers will be launched, starting from 4.88%.
Selected fixed rates in its product transfer range will also be reduced by up to 0.41%.
