Nationwide and Virgin Money customers are experiencing mortgage rate hikes up to 0.2% that could increase annual costs by around £360 for a £150,000 mortgage.
Customers of Nationwide and Virgin Money are facing significant mortgage rate hikes, with increases of up to 0.2% announced recently. This marks the second hike within a week, reflecting broader trends among major lenders in the UK mortgage market. Experts warn that these changes could add approximately £360 to the annual costs of a typical £150,000 mortgage, intensifying financial pressures on homeowners.
