Virgin Money increases rates and removes trackers

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Virgin Money has increased a number of fixed rates and withdrawn a tracker range.

The changes came into force at 8pm on Thursday 24 March.

They are as follows:

Purchase Exclusive:

  • 80% LTV two and five-year fixed rates have been increased by up to 0.20 percentage points

Core:

  • Selected 65%-85% LTV two and three-year fixed rates have been increased by up to 0.16 percentage points
  • Selected 65%-75% LTV five-year fixed rates have been increased by up to 0.06 percentage points
  • Selected buy-to-let 75% LTV fixed rates have been increased by up to 0.36 percentage points

In addition, the Freedom to Fix tracker range has been withdrawn.

These changes following its other mortgage rate increases made this week.

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