Virgin cuts rates on BTL mortgage range

Key buy-to-let product changes include reducing the rate on a two-year 75% fix by 0.16% to 2.89%; reducing the rate on a 75% five-year fix by 0.10% to 3.79%; and cutting its two-year tracker at 75% by 0.30% to 2.79%.

The new products are available from Tuesday 16 June 2015. Virgin has cut its residential fixed rates by up to 0.16%, and introduced new five-year remortgage options.

Peter Rogerson, Virgin Money’s Commercial Director for Mortgages said:

“We’re delighted to announce these latest improvements to our mortgage range, reducing rates on both our residential and buy-to-let products. In line with the commitments we announced earlier in the year, our intermediary partners have access to all products across our range and we are pleased to announce a further rate reduction on one of our most popular intermediary exclusive deals.”