The new products will be available from Tuesday 7 July 2015.
The 2-year fixed rate at 80% loan-to-value has reduced by 0.07% to 2.07% with a £995 product fee and £300 cashback for purchases.
The 2-year fixed rate at 85% LTV has been reduced by 0.10% to 2.09% while the 2-year fixed rate at 90% LTV has dropped 0.14% to 3.49.
The lender’s 3-year fixed rate at 80% LTV has also reduced by 0.20% to 2.39% and its 5-year fixed rate at 90% LTV has reduced by 0.20% to 3.99%.
The intermediary exclusive product changes include the 2-year fixed rate at 80% LTV reducing by 0.21% to 1.88% and the 2-year fixed rate at 85% LTV for new build customers reducing by 0.25% to 2.14%.
Peter Rogerson, Virgin Money’s commercial director for mortgages, said: “We’re delighted to announce these latest improvements to our residential mortgage range which includes the removal of the £99 application fee for a limited period.
“We continue to develop our mortgage proposition in line with the commitments we announced earlier in the year and help borrowers across all segments of the mortgage market.”
