Virgin Money stops fast track mortgage applications
Virgin Money has stopped offering a fast track facility for mortgage applications. They now require income verification from all borrowers.
Some lenders offer fast-track mortgages as a way of speeding up application processing times and lenders expect brokers to confirm that the income declared on the application form is correct.
If you are employed and would like a Virgin Money mortgage, you will be required to provide two month's payslips and a latest P60. Self-employed applicants will have to show their last two years accounts, two years SA302s or an accountant's certificate.
March 23, 2012
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