Virgin Money sets minimum loan size of £300K for interest-only
Virgin Money is the latest lender to change their interest-only lending policy by setting a minimum loan size of £300,000. For applicants using the sale of the property as a way of repaying the mortgage,
Virgin Money requires borrowers to have a 40% deposit. They must also have at least £150,000 equity in their property.
January 11, 2013
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
As seen in
