Virgin Money is set to increase selected 5-year fixed mortgage rates starting tomorrow, 3rd April 2025.
For purchases, the fixed rates at 65%, 75%, and 85% loan-to-value (LTV) will rise by up to 0.10%.
The 85% LTV Shared Ownership rates will see an increase of 0.04%.
Meanwhile, rates for 75% LTV over £1m will go up by 0.14% to 4.58%.
Selected Own New 5-year fixed rates will climb by up to 0.10%, and Retrofit Boost rates with a £995 fee will increase by 0.05%.
In terms of remortgaging, Virgin Money’s 65% and 75% LTV fixed rates will be up by as much as 0.08%.
Additionally, the rate for 75% LTV over £1m is set to increase by 0.09%, reaching 4.50%.
For product transfers, the 65% and 75% LTV product rates will see an increase of up to 0.10%.
Virgin Money has urged brokers to submit applications by 8pm today (2nd April 2025) to secure the current rates.
