The current coronavirus pandemic and its effect on the UK housing market means that some lenders are limiting the mortgages they are making available.
Virgin Money has taken the decision to temporarily suspend all new residential purchase and buy-to-let mortgage applications until further notice.
The mortgage lender has also announced that:
Virgin Money is a UK bank that offers financial products including mortgages, current accounts, ISAs and credit credit cards. In 2018 the business was bought by CYBG, the owner of Clydesdale and Yorkshire Banks. Both Clydesdale and Yorkshire Banks are set to re-brand as Virgin Money by the end of 2021.
Virgin Money offers dedicated mortgage experts to help you find a plan that fits your needs, or you can compare their range of mortgages online.
There are huge benefits to choosing to use a mortgage broker to help you get the right deal. They will do all of the hard work and research for you. They are experts in comparing the hundreds of loans and lenders out in the market based on your individual needs and eligibility, so you won’t have to worry about being forced into a deal. Your broker will also negotiate with your chosen lender on your behalf to make sure you are getting the right deal for you.
L&C work with over 80 different mortgage lenders, including Virgin Money, giving you a great opportunity to compare different mortgage deals in the market. To apply for a mortgage through L&C click the link below.
L&C is a specialist broker offering mortgage comparison & free advice.
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