Virgin Money is set to implement a series of changes to its mortgage rates, starting from 8pm tonight (26th June).
The alterations will affect several fixed-rate mortgages under both their Exclusive and Core, as well as Product Transfer categories.
In the Exclusive and Core category, the 2-year fixed rates will see an increase of 0.15%, resulting in rates beginning from 5.81%.
The 3-year fixed rates will be boosted by 0.10%, which will see them start from 5.66%. Additionally, 5-year fixed rates will experience a slight rise of 0.05%, meaning they will now start from 5.15%.
The buy-to-let (BTL) offerings under the same category will also undergo changes. The 2-year fixed rates will increase by 0.15%, with the new rates starting from 5.37%. On the other hand, the BTL 5-year fixed rates will see a minor uptick of 0.05%, with the rates commencing from 5.06%.
The Product Transfer category will also see changes to its fixed-rate offerings. The 2-year fixed rates will rise by 0.15%, leading to rates starting from 5.62%. Furthermore, the 3-year fixed rates will be subject to an increase of 0.10%, with the rates kicking off from 5.52%.
Lastly, the 5-year fixed rates will be hiked by 0.05%, which will have them starting from 5.01%.
