Virgin Money on Tuesday the 16th November announced they were making some changes to a couple of their mortgages.

The mortgages that have been effected by the increase include:

Purchase Exclusive 

  • 80% LTV 2 Year Fixed Rate with £995 fee will be increased to 1.63%
  • 75% LTV 5 Year Fixed Rate with £995 fee will be increased to 1.56%

Core

  • Selected 65% and 75% LTV fixed rates will be increased by 0.14%.

The end dates will move to the 1st April of the relevant year.

You are advised that if you’re applying for any of these mortgages on behalf of your customers then to get to the application in as soon as possible.

All other rates are unaffected and for a full run down you’re advised to checkout the Mortgage Update.