Mortgages for Business is committed to keeping both our staff and clients safe during the COVID-19 outbreak while maintaining the best service possible. Our teams are working from home, but don’t worry, you can still contact us in the usual ways.
To read our comprehensive FAQ guide on how the emergency interest rate reduction and Coronavirus outbreak could affect your mortgage, please click here.
If you want to request a payment holiday, please contact your lender directly. For lender contact details, click here.

Virgin Money

Finance available: Buy to let mortgages. Residential mortgages.

Access: Virgin Money is accessible via intermediaries.

Buy to let mortgages: Virgin Money’s buy to let offering is available to existing landlords looking to purchase or remortgage vanilla buy to let property. It lends up to a maximum of £1 million and allows applicants to hold four properties with them up to a total of £2 million. Virgin often offers cash back incentives and unlike most buy to let lenders it will accept remortgages within six months. It does require the applicant to have a minimum income of £25,000 per annum, which can’t include rental income from buy to let property.

From 5th December 2016 Virgin Money increased its rental cover requirements to 145% ahead of the PRA changes from January 1st 2017.

Residential mortgages: Virgin also offers a standard range of residential mortgages.

Virgin Money.jpg
To access this lender call The Deal Placement Team on 0345 148 9238 now.

Lenders change their criteria on a regular basis, so this page should be used as a guide only. We will do our best to keep it up to date.

Last updated: 19/11/2018

 

Virgin Money in the news:

Virgin Money up-dates buy to let criteria, raising ICR

Virgin Money and Precise unveil exclusive buy to let mortgages

NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Get in contact with us: 0345 345 6788 or ...

Submit an enquiry
Arrange a call back