Virgin Money has reduced rates to products within its residential and buy-to-let ranges.

The reductions are effective from 27 November.

Notable cuts include the 65% LTV 5-year fix reduced by 0.03% to 1.39%.

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This deal is an intermediary exclusive, for purchase and remortgage, and includes a £1,495 fee.

Within the core range the 65% LTV 5-year fix has been cut by 0.16% to 1.45%, and the 85% LTV 3-year fix has been reduced by 0.15% to 3.09%.

Both deals include a £995 fee.

In addition, the 60% LTV 2-year fix has been cut by 0.07% to 1.94%, and the 60% LTV 2-year fix has been reduced by 0.07% to 2.04%.

The former offer is within the lender’s core BTL range, while the latter is within the core BTL portfolio range.

Both products include a £995 fee.

Furthermore, the 55% LTV 5-year fix has been reduced by 0.02% to 2.17%, and the 90% LTV 2-year fix has been cut by 0.25% to 3.39%.

The former offering is for Help to Buy, while the latter is for shared ownership.

Both deals include a £995 fee.