Virgin Money has announced that it has made changes to its buy-to-let range.
Following the changes, 60% & 75% LTV 2-year fixed rates with a £2,195 fee will be reduced by 0.05%, starting from 4.21% and 60% & 75% LTV 2-year fixed rates with a 3% fee will be reduced by up to 0.17%, starting from 3.32%.
80% LTV 2 & 5-year fixed rates with 1% fee will be reduced by 0.20%, starting from 4.80%, and 80% LTV 5-year fixed Rate with £995 fee will be reduced by 0.20%, to 4.89%.
In addition to the reductions on buy-to-let products, the lender has also reduced selected rates on other products:
Exclusive Purchase
80% LTV 2-year fixed rates will be reduced by up to 0.09%, starting from 4.33%. Selected Fix and Switch fixed rates will be reduced by up to 0.11%, starting from 4.79%.
75% LTV £1m+ 2 & 5-year fixed rates will be reduced by up to 0.15%, now with a free valuation. Selected Own New 2 & 5-year fixed rates will be reduced by up to 0.15%, now with a free valuation.
Retrofit Boost 5-year fixed rates with a £995 fee will be reduced by 0.02%, now with a free valuation.
Purchase
65% to 90% LTV fixed rates will be reduced by up to 0.15%, now with a free valuation. 95% LTV 2 Year Fixed Rate fee-saver will be reduced by 0.06%, to 5.24%.
65% to 90% LTV Green fixed rates will be reduced by up to 0.15%. Selected Shared Ownership fixed rates will be reduced by up to 0.13%, starting from 4.33%.
Exclusive Remortgage
Retrofit Boost 5-year fixed rates with a £995 fee will be reduced by 0.02%.
