Virgin Money has announced it is making changes to its core residential and product transfer residential mortgage products, effective from 8pm tonight. 

For the core residential products, the 90% loan-to-value (LTV) two-year fixed rate with a product fee of £995 is increasing by 0.01% to 3.29% while the five-year fix is rising by 0.13% to 3.53%.

Elsewhere, the buy-to-let (BTL) 60% LTV two- and three-year fixed rate with a £1995 product fee will both increase by 0.04% to 2.84%.

For the product transfer residential range, the 90% two- and three-year fixed rate with a £995 product fee will both go up by 0.01% to 3.29% while the five-year fix with a £995 product fee will rise by 0.13% to 3.53%.

Meanwhile, the BTL 60% LTV two- and three-year fixed rate with a product fee of £995 will both increase by 0.15% to 3.09% and the five-year fix will go up by 0.15% to 3.23%.