Residential policy
For the residential purchase transaction on a let-to-buy, our standard residential criteria and LTV limits apply.
We do not require simultaneous completion.
To evidence the new background rental income and mortgage payment, view our packaging requirements.
Existing Customer
If your customer has a residential mortgage with Virgin Money and wants to convert the property to BTL, they may be able to port the residential mortgage to another property. They'll need to arrange a BTL mortgage on the current property with another lender, as VM no longer offers new BTL mortgages.
Both transactions must be completed at the same time.
If you're looking for a new buy-to-let mortgage, visit The Mortgage Works.