The changes are available through all intermediaries registered with a Virgin Money national account and follow amendments to selected fees and rates introduced last week.

Key changes to its general product range include rates dropped to 2.39% on its two-year fixed rate at 85% with a £995 product fee and £300 cashback, and a two-year fixed rate new-build product of 2.34% 85% LTV. Its new-build special includes a £995 product fee and £500 cashback.

Highlights from its larger-loan range, which has a minimum loan size of £150,000, include a four-year fixed rate at 65% LTV now reduced to 2.25%, with a £995 product fee. Its five-year fixed rate at 65% LTV is now available at 2.29%, with a £1,495 product fee.

The lender is also continuing to waive the £99 application fee on selected 65%, 70% and 75% LTV intermediary products, for a limited period.

Virgin Money mortgage director Peter Rogerson said: “We continue to offer attractive mortgage options to customers and we expect demand to be high as these are some of the most competitive rates available in the current market.”