Virgin Money will increase selected fixed rates by up to 0.16% this evening.

The lender’s purchase selected two- and five-year rates with a fee of £995 will go up by as much as 0.15%, starting from 4.14%.

Within the same range, retrofit boost five-year rates will increase by up to 0.15%, starting from 4.49%.

For remortgage products, retrofit boost five-year rates will be lifted by up to 0.15%, starting from 4.49%.

Buy-to-let (BTL) 60% loan-to-value (LTV) five-year rates will rise by 0.15%, starting from 3.88% while 75% LTV five-year rates will increase by 0.10%, also starting from 3.88%.

Within the product transfer range, three-year rates will rise by up to 0.16%, starting from 4.12% while 65% and 75% LTV five-year rates will go up by as much as 0.15%, starting from 3.94%.