Virgin Money announces mortgage rate increases

Published on

Virgin Money is making a series of changes to its mortgage range.

The changes will take place at 8pm on Wednesday 12 October.

Core residential fixed rates will be increased by up to 0.60 percentage points.

In addition, buy-to-let fixed rates will be increased by up to 0.49 percentage points.

Meanwhile, product transfer fixed rates will be increased by up to 0.60 percentage points.

Virgin Money has also announced that its 95% LTV two-year fixed rate will be withdrawn.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Gen H unveils interest-only strategy to tackle affordability gap

Gen H is launching the first phase of a three-part interest-only mortgage proposition today,...

Non dom changes create £401 million stamp duty black hole

It’s exactly nine years since 52% of the country voted to leave the EU....

Royal London pays record £751m in protection claims in 2024

Royal London has reported a record year for protection payouts, disbursing over £751 million...

Only a quarter of brokers feel ‘very comfortable’ explaining valuations, poll finds

A live poll conducted during a recent Countrywide Surveying Services (CSS) webinar has revealed...

Gen H lowers New Build Boost rate to 5.95%

Gen H has announced a rate reduction on its New Build Boost mortgage product,...

Latest opinions

Non dom changes create £401 million stamp duty black hole

It’s exactly nine years since 52% of the country voted to leave the EU....

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Other news

Gen H unveils interest-only strategy to tackle affordability gap

Gen H is launching the first phase of a three-part interest-only mortgage proposition today,...

Non dom changes create £401 million stamp duty black hole

It’s exactly nine years since 52% of the country voted to leave the EU....

Royal London pays record £751m in protection claims in 2024

Royal London has reported a record year for protection payouts, disbursing over £751 million...