Virgin Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Virgin offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Virgin and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I have been dealing with a broker concerning my remortgage because I have just won a fixed term contract of four years (on a grad scheme). My contract begin date this year. I am looking for a 5 year fixed rate deal. Property worth £200,000, I want to borrow £150,000. I purchased the property three years ago for £220,500 and I currently owe 115k to Virgin

What is the situation with contractor mortgages and Virgin? I am a contractor but my OH has a permanent job. Will Virgin take my salary should we make a joint application?

I am a media contractor looking to buy a home in Bedford. My next step is to secure a mortgage ideally with Virgin. Should I contact Virgin directly or seek the services of a contractor specialist mortgage broker who is used to dealing with contractors and Virgin.

Does the CML Lender's Handbook stipulate the requirements for Virgin when it comes to contractor mortgages or self-employed mortgages.

As a contractor (in the Oil & Gas industry) is it necessary for me to produce at least six months of both business and personal bank statements as part of the vetting process for Virgin.I am not convinced that my broker is correct.

The above information is in relation to properties in England and Wales.

Find out how to order your redemption statement request from Virgin

For CQS-Accredited firms, click here for a CQS Dealing with Lenders Policy