It reprices the same residential and BTL mortgage products
Virgin Money has once again increased the rates of its residential and buy-to-let mortgage products – the second time the said products had their rates raised this week.
For the lender’s exclusive and core products, two-year fixed rates have been increased by 0.10%, with rates now starting from 5.91%.
Three- and selected five-year fixes have been hiked by 0.10% and 0.05%, with rates now starting from 5.76% and 5.23% respectively.
Virgin Money’s buy-to-let two-year fixes had their rates increased by 0.10%, with rates from 5.47%.
For product transfer, selected two-year fixed rates have been raised by 0.10%, now starting from 5.72%.
Selected three- and five-year fixes had their rates increased by 0.10% and 0.15%, now from 5.62% and 5.16% respectively.
The lender has also raised selected buy-to-let fixed rates by up to 0.10%, starting from 5.33%.
Virgin Money has raised the rates of its mortgage products several times already over the past month, with the last rate increase implemented earlier this week.
Virgin Money’s current product rates can be accessed online through its mortgage update.
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