Virgin Cash lifts charges on resi, remortgage merchandise by as much as 30bps

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Virgin Cash says it has raised charges on a spread of chosen fixed-rate residential and remortgage merchandise by as much as 30 foundation factors.

The lender, which is owned by the Clydesdale Financial institution group, says all of its five-year fixed-rate presents with a product charge will rise by 30bps.

It provides all different fixed-rate offers will raise by 20bps. And chosen product switch fixed-rate mortgages will enhance by as much as 30bps.

The high-street lender says a 65% loan-to-value five-year fixed-rate remortgage supply, with a £995 charge lifts from 3.24% to three.54%. It additionally comes with free valuations and legals.

A 65% LTV five-year fixed-rate remortgage deal, with no charge, rises from 3.59% to three.79%. It additionally comes with free valuations and legals.

A 65% LTV five-year fixed-rate product switch, with a £995 charge, rises from 3.18% to three.24%.

A 65% LTV five-year fixed-rate product switch, with no charge, lifts from 3.39% to three.47%.

And a 90% LTV five-year fixed-rate buy, with cashback and a £995 charge will increase from 3.53% to three.83%.

The financial institution says these adjustments take impact from 8pm this night. It provides the tip dates of the related merchandise will transfer to 1 December of the related yr.

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