Virgin Money has reduced rates across its core residential, buy-to-let and Help-to-Buy product ranges. New buy-to-let rates at 75% LTV are a two-year fix at 2.19% and a five-year fix at 3.19%, both with a £1,995 product fee and £500 cashback for purchase and re-mortgage customers.

Two-year fixed rate residential rates are now available from 1.44% up to 65% LTV, with a £995 product fee. Virgin's 90% LTV two-year fix up has been cut to 2.35%, and its five-year fix at 65% LTV is now available at 1.99%.

Help-to-Buy Guarantee rates at 95% LTV include a two-year fix reduced to 3.79% and a five-year fixed rate at 4.39%. The Help-to-Buy Equity Loan range includes a two-year fixed rate up to 75% LTV reduced to 1.65% and a five-year fix up to 55% LTV at 2.19%, both with £500 cashback.