Virgin Money has lifted selected fixed-rate home loans by up to 22 basis points, while Bluestone Mortgages has cut some residential fixes by as much as 25bps.  

The high street lender says its increases, which come to market today, include: 

Exclusive purchase 

• 75% loan-to-value five-year fixes rise by up to 22bps, starting from 4.22% 

• 80% LTV two- and five-year fixes rise by up to 17bps, starting from 4.14% 

Purchase 

• 95% LTV two- and five-year fixes rise by up to 10bps, starting from 4.99% 

Buy to let 

• Two- and five-year fixes, with a £2,195 fee, rise by up to 0.15%, starting from 4.07% 

Product transfer

• Selected five-year fixes rise by up to 13bps, starting from 3.91% 

Meanwhile, Bluestone Mortgages, which targets customers with complex credit, has made reductions across its range.

The Shawbrook Bank-owned lender says that in its core range, Clear products now start from 5.79% up to 65% LTV on a two-year fix, a reduction of 20bps.  

Clear five-year fixes now begin at 5.64% up to 65% LTV and 5.69% up to 70% LTV, both reduced by 15bps.  

In the lender’s BBB range, two-year fixes now start from 6.64% up to 65% LTV and 6.69% up to 70% LTV, both reduced by 25bps. 

Shawbrook commercial director for retail mortgages Steve Griffiths says: “These latest changes give advisers more opportunities to find the right solutions for their clients.”