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Virgin Money increases select rates by 0.3 per cent

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  • 01/09/2022
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Virgin Money increases select rates by 0.3 per cent
Virgin Money will up select residential and buy-to-let rates in its core and product transfer range by as much as 0.3 per cent.

The changes come into effect from 8pm this evening.

In its core range, its five-year fixed rate with £995 fee at 80 per cent loan to value (LTV) has risen by 0.3 per cent to 4.44 per cent.

The lender added that all other five-year fixed rates in the core range have gone up by 0.15 per cent.

For example, its five-year fixed rate at 75 per cent LTV with £995 fee has increased to 3.73 per cent.

All two, three, seven, 10 and 15-year fixed rates in its core range have risen by 0.3 per cent.

Its two-year fixed rate at 75 per cent LTV with £995 fee is priced at 3.89 per cent and its 10-year fixed rate at 75 per cent LTV with the same fee is 3.9 per cent.

Its 15-year fixed rate at 75 per cent LTV with £995 fee has gone up from 4.09 per cent to 4.39 per cent.

On the product transfer side, two-year fixed rate with £995 fee between 65 and 75 per cent loan to value (LTV) will rise by 0.4 per cent to 3.78 per cent.

The lender added that all other fixed rates would rise in line with its core range.

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