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Virgin Money Mortgages

What are Virgin Money like for mortgages? I’m nervous as just put in applications for a residential and buy to let mortgage.

Comments

  • LRmortgage
    LRmortgage Posts: 484 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Generally good, we use them a bit and the underwriters are good at communicating with us brokers.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They are good if you fit criteria but anything out of the norm is can be a bit long winded with them.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • ACG
    ACG Posts: 24,735 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    My mortgage is with them as nobody else would lend me what I wanted based on my circumstances 2 years ago. They were fine.

    Product switching at the end of a deal is a bit of a ball ache, it is an application (albeit without documents) but you/your broker can worry about that at the end of your deal.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Verix
    Verix Posts: 241 Forumite
    Sixth Anniversary 100 Posts Combo Breaker
    If their rates were more competitive i'd be happy to use them all the time. Generally fast service and do some quirky things that other high street lenders won't consider.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • buttonmoon
    buttonmoon Posts: 152 Forumite
    Part of the Furniture 100 Posts Name Dropper
    I think we are pretty standard as we are both employed (but non standard as we are doing a BTL and a residential mortgage) Do you know if the do the hard credit check at the DIP stage or full application? Just waiting for the phone call to arrange the valuation
  • Hi Buttonmoon

    We recently submitted a mortgage application with Virgin Money (residential, FTB) and it was a VERY straightforward process, we had 5 working days between submitting our application and receiving our offer.

    Good luck - I hope it goes well!
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