Virgin Money has launched new Fix and Switch products and made rate adjustments in its exclusive residential and buy-to-let product ranges.
The Fix and Switch range launched last month and 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.
New Fix and Switch five-year fixed rate products include a purchase rate at 5.54% up to 95% LTV with £250 cashback and a remortgage product at 4.99% up to 70% LTV with a free valuation and free legals.
In addition, all end dates will move to June of the relevant year.
In Virgin's broker exclusive range, selected purchase rates have increased by up to 10bps, with five-year fixed rates now starting from 4.49% at 85% LTV with no fee and from 4.50% at 90% LTV with a £1,295 fee.
60% and 70% LTV remortgage exclusive fixed rates will be increased by 0.05%, with rates starting from 4.24%.
Selected buy-to-let exclusives have also increased by 5bps, with rates now starting from 4.25%.
In Virgin's product transfer range, fixed rates at 65% LTV now start from 3.98% and at 80% LTV from 4.84%.
