Virgin Money is changing rates on selected products from Thursday 20 July.

All existing fixed rate exclusives will be withdrawn and selected two, three and five year fixed rates will be increased by up to 0.22%.

Buy-to-let portfolio rates will be increased by 0.05%.

On product transfers selected two , three and five-year fixed rates will be increased by up to 0.27%.

Brokers applying for one of these products on behalf of their customers, are urged to send application as soon as possible.

Virgin Money will also be launching new two and five year fixed rates up to 90% LTV, starting from 5.66%.

And also exclusive remortgage deals with free valuation and free legals – including new two and five year fixed rates at 60% and 70% LTV, from 5.63%.

New 60% LTV seven Year Fixed Rate at 5.20% also new BTL two and five- year fixed rates with £2,195 fee, starting from 5.36% – these changes come into effect from 8pm on 19 July.