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Virgin reveals fixed and BTL rate increases

Virgin reveals fixed and BTL rate increases

Virgin Money has confirmed changes will be made to a range of mortgages from 8pm this evening (20th June).

Two-year fixed rates will be increased by up to 0.60%, starting from 5.66%.

Five- year fixed rates will be increased by up to 0.40%, starting from 5.10%.

BTL two-year fixed rates will be increased by up to 0.35%, starting from 5.22%.

BTL five-year  fixed rates will be increased by up to 0.30%, starting from 5.01%.

All other fixed rates will be increased by up to 0.50%.

For product transfers – two- year fixed rates will be increased by up to 0.42%, starting from 5.47%.

And five year fixed rates will be increased by up to 0.38%, starting from 4.96%.

All other fixed rates will be increased by up to 0.37%.

The post Virgin reveals fixed and BTL rate increases appeared first on Mortgage Strategy.

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