Virgin Money has announced a series of rate rises across its exclusive, core, and product transfer mortgage rates, the third time it has increased rates in the past two weeks.
In its broker exclusive range, 85% LTV rates have increased by 5bps, now starting from 4.69%, while 90% LTV rates are up by 0.10%, now starting from 4.65% and 95% LTV have increased by 5bps to 5.64%.
In addition, 60% and 70% LTV remortgage exclusive fixed rates have risen by 0.05%, with rates starting from 4.44%.
In Virgin's core range, two-year residential rates have increased by 0.10% with the lowest rate now at 4.89%.
Product transfer rates have also increased by up to 0.20%, with the largeste increases to 80% - 95% LTV two and three-year fixed rates, which now start from 5.34%.
80% to 95% LTV five-year fixed rates are up by 0.10%, with rates starting from 4.94%, while 65% and 75% LTV two, three and five-year fixed rates have risen by up to 0.13%.
The latest rate cuts follow increases to residential and buy-to-let rates by up to 0.10% last week.
