📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Virgin One

Hi

I am thinking of taking out a Virgin One mortgage, can i have some feedback from people who already have a mortgage with Virgin One.

Thanks

Comments

  • mummytwinton
    mummytwinton Posts: 143 Forumite
    i have had one with them for 6 years but i'm looking to move to a fixed one. we have found the plan great while we were doing our house up but now we want to pay less but get the mortgage down. we have no savings so i don't think we made the most of it. from reading bits on here i think it only works best if you have 30% in savings or more.
    it's a higher interest than a lot of mortgages but you only have to pay the interest as direct debit from the account & the rest is up to you to leave in your account. if you have a high income at the beinging of the month it is worth it if all your dd goes out at the end of the month. it works well if you can leave a good amount in each month to clear the balance.
    we have just gone up & up & now it's time for us to start going down.

    i'm now going to the nationwide with 5 years fixed 4.78 set up charge os only 499. & we can make over payments & take payment holidays.
  • starbuck_3
    starbuck_3 Posts: 31 Forumite
    Hi

    Thanks for the info very helpful.
  • bunking_off
    bunking_off Posts: 1,264 Forumite
    Starbuck

    Take a look at these threads;

    One account?

    The One Account

    The One Account

    I love mine, but it depends on whether you're willing to make it work for you.
    I really must stop loafing and get back to work...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.