Gen H is increasing some mortgage rates by up to 25 basis points this afternoon while trimming others and Virgin Money is cutting rates and introducing new products.
From 5.30pm today, Gen H is repricing a number of deals, including raising two-year fixes at 60% loan-to-value by 25bps.
The lender is increasing five-year fixed rates by 15bps at 85% LTV and by 10 bps across all other LTV tiers.
Two-year fixes at up to 80% LTV will increase by 5bps, but two-year and three-year fixes at 90% and 95% LTV are being trimmed by 5bps.
Certain other rates will be tweaked by lesser amounts but there are no changes to its New Build Boost deals.
Virgin Money is launching a number of new products tomorrow and lowering prices on some deals.
In its exclusive remortgage range, a two-year fixed at 75% LTV with £995 fee is being reduced by 15bps to 3.99% and a five-year equivalent is being cut by 13bps to 4.01%.
For shared ownership borrowers, selected fixed rates will be cut by up to 11bps, with new prices starting from 4.08%.
Two and three-year product transfer deals at 75% LTV will be lowered by up to 10bps, with new rates starting from 3.89%.
The lender is launching several new fee saver deals, including a two-year fixed at 90% LTV at 4.51% and a two-year fixed 95% LTV at 4.93%.
It is also launching a five-year fee-saver option at 90% LTV at 4.4%.
For remortgage, it is offering a two-year fee-saver deal for 4.4% at 75% LTV a five-year deal at the same LTV for 4.17%.
