The biggest reductions are across Landbay's range of non-portfolio products.

Virgin Money has informed brokers it is increasing rates on a number of mortgage products, effective today (14th November 2024) at 8pm.

However, the lender has reduced rates across its 10-year fixed rate products.

Product transfer and Retrofit Boost rates have seen some of the largest rises.

Rates have reduced by up to 14 bps.

The lender's two-year fixed rates now start at 4.21%.

Residential fixed rates across purchase, remortgage and green products are increasing by up to 0.29%.

The average five-year fixed rate rose by 0.02% as swap rates continue to rise.

The Society has reintroduced a 60% LTV tier as part of the product launch.

The lender has passed on the full Bank Base Rate reduction plus an additional 0.50% cut.