Virgin Money is increasing rates on a handful of mortgage deals by up to 14 basis points this evening.
The lender is repricing selected deals at 8pm today.
Virgin is increasing rates on the following exclusive deals for purchase:
- At 75% LTV its five-year fixed at 1.45% with a £995 fee will increase by 11 basis points to 1.56%
- At 80% LTV its two-year fixed at 1.49% with a £995 fee will increase by 14 bps to1.63%
In Virgin’s core range, tselected 65% and 75% LTV fixed rates will be increased by up to 14 basis points.
Clydesdale Bank, which is part of the same group as Virgin, has also raised rates today.
