Virgin Money announces mortgage rate rises

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Virgin Money has raised a number of mortgage rates.

Exclusives

  • 80% LTV two-year fixed rate remortgage with £1,495 fee has been increased by 0.05 percentage points to 1.58%.
  • Buy-to-let 65% LTV two-year fixed rate with £895 fee has been increased by 0.05 percentage points to 1.60%.
  • Buy-to-let 65% LTV five-year fixed rate with £895 fee has been increased by 0.06 percentage points to 1.73%.

Core

  • Selected 65% LTV fixed rates have been increased by up to 0.09 percentage points.
  • Selected 75% LTV fixed rates have been increased by up to 0.10 percentage points.
  • Selected Help To Buy 75% LTV fixed rates have been increased by up to 0.10 percentage points.
  • Selected buy-to-let fixed rates have been increased by up to 0.06 percentage points.

On its remortgage deals with £1,000 cashback, Virgin Money is reintroducing free standard legals in place of the cashback.

Product Transfer

  • Selected 65% LTV fixed rates have been increased by up to 0.09 percentage points.
  • Selected 75% LTV fixed rates have been increased by up to 0.10 percentage points.
  • Selected 80% LTV fixed rates have been increased by up to 0.06 percentage points.
  • Selected HTB 75% LTV fixed rates have been increased by up to 0.10 percentage points.
  • Selected buy-to-let fixed rates have been increased by up to 0.06 percentage points.

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