Landlords looking to refinance now have the option to borrow additional funds or make an overpayment during the product transfer process.

Rates have reduced by up to 0.15%.

Limited edition rates now start at 4.39%.

Residential remortgage and product transfer rates have seen the largest reductions.

The new offering allows brokers and their professional property investor clients to choose a new fixed rate with no underwriting required.

Virgin has also launched new five-year fixed rate product transfer options from 4.04%.

The Society will now pay brokers proc fees for all residential and buy-to-let product transfers.

Higher-LTV fixed rates have seen the largest reductions.

The Bank offers brokers a 0.4% net procuration fee.

Large HMO/MUFB products have now been added to the new product transfer range.