Virgin Money is making changes to all of its fixed rate mortgages at 8pm on Monday 14 February.

All residential fixed rates will be increased by between 0.10-0.25 percentage points.

In addition, all buy-to-let fixed rates will be increased by between 0.10- 0.27 percentage points.

Meanwhile, Virgin Money’s exclusive 75% LTV five-year fixed rate with £995 fee at 1.70% will be withdrawn.

Last week the lender also announced a series of mortgage rate rises.