Virgin Money has increased selected fixed rates across its core and product transfer mortgage ranges across residential and buy-to-let (BTL), with effect from this evening.
In exclusive and core range, 2-year residential fixed rates increased by 0.10%, starting from 5.91%, and 3-year fixed rates increased by 0.10%, starting from 5.76%.
Selected 5-year fixed rates across Virgin Money’s core range increased by up to 0.08%, while its 2-year buy-to-let (BTL) fixed rates increased by 0.10%.
As for the lender’s residential product transfer range, selected 2-year and 3-year fixed rates increased by 0.10%, and 5-year fixed rates increased by 0.15%.
For BTL product transfer, selected rates were increased by up to 0.10%, starting from 5.33%.
All of the above changes can be found within Virgin Money’s Mortgage Update, and increases will take effect from 8pm this evening (29th June).
This followed a string of recent increases following the Bank of England’s base rate rise, including most recently Bank of Ireland and The Loughborough Building Society.