Virgin Money updates mortgage rates

Virgin Money has announced changes to several of its mortgage products. The adjustments include slight increases in interest rates across a variety of loan-to-value (LTV) options and product categories.

For its Exclusives range, the 90% LTV Purchase 5-year fixed rate product will see a rate increase of 0.02%, bringing it to 4.67%.

Similarly, the 85% LTV purchase Fix and Switch fixed rate fee saver will increase by 0.05%, to a new rate of 5.29%.

The 95% LTV purchase Fix and Switch fixed rate fee saver is also set to rise by 0.05%, reaching 5.73%.

Additionally, the 70% LTV remortgage Fix and Switch fixed rates will see an increment of 0.04%, with rates starting from 4.89%.

In the product transfer category, selected 65% and 75% LTV 2, 3, and 5-year fixed rates will experience increases of up to 0.05%, with new rates starting at 4.38%.

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