Virgin Money makes widespread mortgage rate increases

Published on

Virgin Money has increased a number of its residential and buy-to-let mortgage rates.

Across its Exclusive, Core and Product Transfer ranges, all fixed rates have increased by 0.20 percentage points, with the exception of:

Product Transfer:

  • 65% LTV two and three-year-fixed rate fee-savers have increased by 0.10 percentage points.
  • 65% LTV five-year fixed rate with £995 fee has increased by 0.06 percentage points.
  • 65% LTV five-year fixed rate fee-saver has increased by 0.12 percentage points.
  • Buy-to-let 60% LTV five-year fixed rate fee-saver has increased by 0.14 percentage points.

The following Product Transfer rates have remained unchanged:

  • 65% LTV two and three-year fixed rates with £995 fee.
  • Buy-to-let 60% LTV two, three and five-year fixed rates with £995 fee.
  • Buy-to-let 60% LTV two and three year fixed rate fee-savers.
  • Buy-to-let 60% LTV five-year fixed rate with £1,995 fee.

Latest POLL

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

Barclays cuts mortgage rates below 4%

Barclays is set to reduce mortgage rates by as much as 38 basis points...

Zephyr Homeloans reduces 2 & 5-yr BTL rates

Zephyr Homeloans has announced rate cuts across its two and five-year fixed rate mortgage...

FIBA launches online specialist property finance education hub

The Financial Intermediary & Broker Association (FIBA) has launched a digital ‘Knowledge Hub’, providing...

Mark Rookyard joins Birmingham Bank as BDM for London and South Regions

Birmingham Bank has appointed Mark Rookyard as its business development manager for the London...

Other news

Barclays cuts mortgage rates below 4%

Barclays is set to reduce mortgage rates by as much as 38 basis points...

The business case for Artificial Intelligence

Artificial Intelligence (AI) has been part of the daily news agenda for a couple...

Zephyr Homeloans reduces 2 & 5-yr BTL rates

Zephyr Homeloans has announced rate cuts across its two and five-year fixed rate mortgage...