Virgin Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Virgin offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Virgin and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

Do any sections of the CML Lender's Handbook stipulate the requirements for Virgin when it comes to contractor mortgages or self-employed mortgages.

in the throws of proceeding through the contractor mortgage process to move to a buy to let with a new bank. All documents done and submitted. Received communication from the lender to say they can't move forward with process unless my current manager writes me a letter confirming that my contract will definitely get extended and when new end date will be. Any advice?

Myself and my husband are currently about to apply for a mortgage with Virgin. Next month I commence working as a contractor. My husband is full time employed and so does have a meaningful income. Is it going to be a case of just getting a non-contractor mortgage with Virgin in my husband’s sole name?

Were I to reveal to Virgin that I’m contracting, will they charge me a higher rate on my home loan?

I have no idea if Virgin grant contractor mortgages but if they do how does a Virgin contractor mortgage differ from a traditional home loan?

The content set out above is in relation to properties in England and Wales.

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