Virgin withdraws 95% LTV two-year fixes in range reprice

Residential fixed rates have increased by up to 0.60% and buy-to-let fixes by up to 0.49%.

Product transfer rates have also risen by up to 0.60%.

As part of the changes, Virgin has announced the withdrawal of its 95% LTV two-year fixed rate options.

Two-year fixed rates are currently available up to 90% LTV, starting from 6.09% with a £995 fee or 6.39% fee-free.

95% LTV options are still available fixed for five and ten years, starting at 6.34% and 6.74% respectively.

Virgin reintroduced its mortgage products back into the market two weeks ago following a temporary withdrawal. Last month several lenders took the decision to withdraw products due to the volatility in financial markets and in order to protect service levels following the government's mini-budget.