Virgin Money providing 10-day mortgage offer guarantee
Virgin Money for Intermediaries is offering to pay customers £100 cash back if their mortgage offer isn’t produced within 10 working days.
Virgin is so confident it can act quickly it's taken the unusual step of offering cash back as a service guarantee, providing a great option for borrowers in a rush to buy a residential or buy-to-let property.
Last week Mark Hayward of the National Association of Estate Agents was quoted as saying: “The Mortgage Market Review is delaying the mortgage process and anecdotal evidence suggests that it’s taking in excess of 50 days from application to mortgage offer.
“As a result, this delays sales and results in uncertainty – plus, the lengthier the process, the greater the risk of a sale falling through.”
It is unnecessary to wait 50 days for a mortgage offer. Trinity Financial has access to a host of lenders working very quickly and we can submit applications on the same day we meet clients.
If you would like help to secure a fast mortgage offer, call Trinity on 020 7016 0790.
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