Virgin Money has increased the rates on all of its fixed rate mortgage products by 0.40%.
The past week has seen a flurry of rate increases across the market as lenders continue to react to increasing costs of funds.
Last week the Bank of England increased the base rate to 1.25% as it continues ramping up the rate to counter inflation.
And a further base rate rise now looks even more likely with inflation figures released today revealing a 40-year high of 9.1%.
Last week Virgin removed its exclusive products while other lenders have also made similar changes to their ranges.
The increase to Virgin’s range takes effect at 8pm this evening.
