Virgin Money says it has raised rates on a range of selected fixed-rate residential and remortgage products by up to 30 basis points.

The lender, which is owned by the Clydesdale Bank group, says all of its five-year fixed-rate offers with a product fee will rise by 30bps.

It adds all other fixed-rate deals will lift by 20bps. And selected product transfer fixed-rate mortgages will increase by up to 30bps.

The high-street lender says a 65% loan-to-value five-year fixed-rate remortgage offer, with a £995 fee lifts from 3.24% to 3.54%. It also comes with free valuations and legals.

A 65% LTV five-year fixed-rate remortgage deal, with no fee, rises from 3.59% to 3.79%. It also comes with free valuations and legals.

A 65% LTV five-year fixed-rate product transfer, with a £995 fee, rises from 3.18% to 3.24%.

A 65% LTV five-year fixed-rate product transfer, with no fee, lifts from 3.39% to 3.47%.

And a 90% LTV five-year fixed-rate purchase, with cashback and a £995 fee increases from 3.53% to 3.83%.

The bank says these changes take effect from 8pm this evening. It adds the end dates of the relevant products will move to 1 December of the relevant year.