Virgin Money is making changes to selected mortgage products with rates increasing by up to 0.20%.
On its core selected 65-90% loan-to-value (LTV) fixed rates will be increased by up to 0.13%. Selected buy-to-let (BTL) 60% LTV fixed rates will be increased by up to 0.04%.
For product transfer mortgages selected 65% LTV fixed rates will be increased by up to 0.20% while 75-90% LTV fixed rates will be increased by up to 0.13%.
Selected BTL 60% LTV fixed rates will be increased by up to 0.15%.
The changes come into effect at 8pm tonight and brokers are advised that if they are applying for one of these products on behalf of a customer, they need to send Virgin the application as soon as possible.
