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Virgin reduces mortgage rates

Virgin Money has reduced the interest rates on a number of its fixed rate mortgages by up to 0.20 per cent.

The new range features residential and buy-to-let products for both purchase and remortgage customers.

It is offering two-year fixed rates available from 3.55 per cent for both purchase and remortgage customers and five-year fixed rates from 4.09 per cent, as well as fixed rate buy-to-let mortgages from 3.85 per cent.

Virgin Money also continues to offer its cashback incentive on a number of purchase products. For customers remortgaging from another lender, free standard legal services and a free basic valuation are also available.

The buy-to-let range also includes a cashback incentive of £500 on completion.

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