Virgin to increase mortgage rates across Exclusive, Core and Product Transfer ranges

Virgin Money has made a number of rate increases across its Exclusive, Core and Product Transfer ranges.

Across its Exclusive, Core and Product Transfer ranges, all fixed rates will increase by 0.20%, with the exception of a few products.

Its 65% loan-to-value (LTV) 2- and 3-year fixed rate fee-savers will be increased by 0.10% whilst its 65% LTV 5-year fixed rate with £995 fee will be increased by 0.06%.

Additionally, its 65% LTV 5-year fixed rate fee-saver will be increased by 0.12%.

On the buy-to-let (BTL) front there is a 0.14% increase to its 60% LTV 5-year fixed rate fee-saver.

A number of Product Transfer rates will remain unchanged including its 65% LTV 2- and 3-year fixed rates with £995 fee.

BTL 60% LTV 2-, 3- and 5-year fixed rates with £995 fee, BTL 60% LTV 2-and 3-year fixed rate fee-savers and BTL 60% LTV 5-year fixed rate with £1,995 fee all also remain unchanged.

The changes come into effect at 8pm tonight (26th May).

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