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Virgin Money

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While Virgin Money continues to use AVMs and desktops wherever possible for remortgage business they have temporarily suspended new purchase applications.

Where they can they will use automated or desktop valuations for remortgage cases. Criteria is detailed below:

  • Loan-to-value up to 55%
  • Loan size up to £275,000
  • Minimum property value of £80,000
  • Maximum property value of £500,000

Searchlight Finance Limited is registered in England and Wales No.07929050 Searchlight Finance Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (http://www.fca.org.uk/register) under reference 743220. The FCA do not regulate Business Buy to Let Mortgages or most Commercial Mortgages and Bridging Finance. ICO Number Z3109319. Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.