To help more of your clients get the loan amount they need Virgin Money allow clients to include personal income in the affordability test*. The rental income must cover 125% of the mortgage interest payment, calculated at a notional rate of 5.50%, with personal income being considered to cover the difference up to 145%. Their [...]

Complex income, flexible approach We know that customers, especially those who are self-employed, can have complex income sources. So whether it’s irregular payments, short term contracts or multiple sources of income such as bonuses or dividends we are here to help. We aim to make the lending process as easy and straightforward as possible [...]

Changes to data protection rules will have major implications for your business The General Data Protection Regulation (GDPR) is set to replace the Data Protection Act 1998 (DPA), marking the biggest overhaul to data protection in 20 years. In short, organisations that collect, keep or use any information related to an individual, which can [...]

When placing clients that are buying their first home, it's not just a great rate that you're looking for.  We understand the pride of owning your first home and standing on your own two feet, so we don't ask for family savings to be held in trust, second charges on parents' properties or extra security [...]