Virgin Money increases rates on resi and BTL products | Mortgage Strategy

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Virgin Money is making various changes to its residential and buy-to-let (BTL) mortgage range.

Across its two and three-year fixes, with an LTV of between 65% and 90%, rates are increasing by 0.2%, and by 0.3% on five-year fixes.

Across its 10 and 15-year fixes, with LTV of 75%, rates will increase by 0.2%.

For BTL products with LTV of between 60% and 75%, two and three-year fixes will increase 0.2%, while five-year fixes will increase 0.3%.

Lenders are increasingly raising rates across their mortgage product line-ups. Last week, NatWest raised rates across its green, residential, and BTL ranges, by up to 15 basis points for existing and new customers.


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