Virgin Money has become the latest lender to increase its rates as selected fixed rates are raised by up to 0.15%, effective 8pm today (21 November).

Selected 85% LTV and 90% LTV two- and five-year fixed rates will be increased by up to 0.15% while own new 85% LTV and 90% LTV two- and five-year fixed rates will go up by as much as 0.10%.

Meanwhile, selected shared ownership two- and five-year fixed rates will be reduced by up to 0.13%.

The lender will also be launching 80% LTV exclusives from tomorrow (22 November).

The new products include an 80% LTV two-year fixed rate with a fee of £895 and a rate of 4.59%.

Others include a 80% LTV five-year fixed rate fee-saver with a rate of 4.51%.

This follows NatWest who will be increasing rates by 0.10% tomorrow on a range of deals.

Together and Clydesdale Bank have also announced rate increases.