Virgin cuts residential, buy-to-let and product transfer rates

Rates have reduced by up to 0.15%.

Related topics:  Virgin Money,  Mortgage rates
Rozi Jones | Editor, Financial Reporter
25th April 2025
Virgin Money

Virgin Money has announced a series of rate reductions across its residential purchase and remortgage, buy-to-let and product transfer ranges.

In its exclusive purchase range, 80% LTV rates have reduced by up to 0.08%. Two-year fixes now start from 4.29% with a £995 fee and 4.52% fee-free, while five-year fixes have reduced to 4.25% and 4.36% respectively.

In its remortgage range, 80-90% LTV two-year fixed rates have decreased by up to 0.15%, starting from 4.63%, while five-year fixes at 80-90% LTV now start at 4.39%.

Across Virgin's buy-to-let offering, selected two and five-year fixed rates with 1% fee are by up to 0.10%, starting from 4.20% and £995 fee rates have reduced by up to 0.10%, starting from 4.39%. 

In addition, 75% LTV fixed rate fee-saver products have decreased by up to 0.10%, available from 4.60%.

Buy-to-let Fix and Switch fixed rates have also seen reductions of 0.10%, starting from 4.80%. Fix and Switch offers borrowers the security of a five-year fixed rate with the flexibility of being able to switch to another product with no early repayment charge after just two years.

Residential product transfer rates have reduced by up to 0.16%, with two-year fixed rates now starting from 4.04%, three-year rates from 4.14%, and five-year fixes from 4.01%.

Buy-to-let product transfers are down by up to 0.10%. Two-year fixes are available from 4.00%, three-year rates from 4.19%, and five-year fixes from 4.09%.

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