The lender has cuts its two-year fixed rate product at 60% loan-to-value (LTV) to 2.13% with a £995 product fee while its fee saver option is available at 2.49%.

Five products are changed at 70% LTV, including the launch of a two-year fix at 2.19% with, while two-year fixes are available at 3.05% and 3.49% at 80% and 85% LTV respectively.

All three products come with a product fee of £995.

Peter Rogerson, commercial director for mortgages and savings at Virgin money, said:

“We are delighted to announce these improvements to our mortgage range, which will support borrowers in a range of situations: from the existing borrower remortgaging their property, to someone buying a house with a smaller deposit, and landlords buying a property to rent out.

“We remain committed to offering attractive products and putting our customers at the heart of all we do.”