Virgin Money still accepting 2017/2018 tax returns

by Aaron Strutt

Oct 08 2019

Virgin Money is one of a small number of lenders still accepting tax calculations from the self-employed as proof of income for the year ending April 2018.

Many of the banks and building societies will not use accounts that are more than 18 months before the date of the mortgage application.

Virgin accepts tax calculations submitted to HMRC for the year ending April 2018 for sole traders and partnerships until January 2020. The bank can also still accept limited company accounts up to 21 months old.

Aaron Strutt, product director at Trinity Financial, says: "If you are thinking about applying for a mortgage and you’re self-employed, you can submit your tax return to generate your trading figures and you do not have to pay the bill immediately."

Source: Trinity Financial   

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