Self-build mortgage sector withdrawal for Virgin Money

After lack of demand for the product, Virgin Money has pulled out of the self-build mortgage sector.

A spokesperson said: “There was a limited demand for the product so we decided to withdraw it. It only ever made a very small fraction of our lending.”

Funds under the product were only released when properties were wind and weather tight which may have put off potential borrowers.

Do NOT follow this link or you will be banned from the site!
X