Virgin Money is increasing rates on a number of products and launching several buy-to-let product transfer deals.
The new products will be launched tomorrow, while the rate increases will take place today at 8pm.
In an email to brokers, Virgin said selected product transfer and remortgage products will increase by 10 basis points.
A series of other deals will increase by smaller amounts.
The lender’s new buy-to-let product transfer deals start from 4.61% for a five-year fixed rate of 60% with a fee of £3,995.
The new buy to let product transfer trackers are from 5.79% with a fee of £1,995 at a 60% LTV.
The news comes after HSBC, Barclays, NatWest, Co-op, Accord and Leeds Building Society all announced tariff increases yesterday.
Danny Belton, head of the Mortgage Advice Bureau, said: “We are aware of falling mortgage rates, but rates are now rising again, with several lenders adjusting their prices this week.
“Swap rates have risen slightly compared to the Bank of England interest rate expectations, and this is causing a shift in the market.
‘However, potential buyers and mortgage lenders should not panic.
“There are still deals to be made, and a handful of lenders are keeping interest rates low.”