Virgin Money Reduce Mortgage Rates.
Virgin Money gained a High Street presence when it took over Northern Rock’s £14 billion mortgage book on the first of January this year.
Just last year Virgin Money won Customer Experience of the Year Award for Banking in the UK Customer Experience Awards. Read more
Virgin money reduces rates and launches new products.
Following the acquisition of Northern Rock in January 2012, Virgin Money now provides credit cards, mortgages, savings, pensions, investment and protection products to over four million customers.
Virgin Money have stated that their business ambition is to make “everyone better off” and this philosophy underpinned in their approach to business by offering good value to customers. Read more
Due to financial problems caused by the sub prime mortgage crisis the Northern rock bank was nationalised in 2008 by the government using approximately £1.4 billion of the tax payer’s money.
This move to nationalise the bank signalled the start of the financial crisis. Read more