Virgin Money has confirmed that it is increasing rates on selected mortgage deals with effect from 8pm on 14 November.

For home purchase, core 85% LTV two and five- year fixed rates will be increased by 0.20%, starting from 4.59%.

Core 95% LTV two and five -year fixed rates will be increased by up to 0.10%, starting from 5.24%.

Greener 85% LTV fixed rates will be increased by 0.20%, starting from 4.59%.

For shared ownership 85% LTV fixed rates will be increased by 0.20%, starting from 4.42%.

Own New 85% LTV fixed rates will be increased by 0.20%, starting from 2.06%.

For purchase & remortgage, Retrofit Boost 85% LTV five-year fixed rate will be increased by 0.20%, to 4.84%.