Virgin Money announces new business development team | Mortgage Strategy

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Virgin Money has launched a new business development team that will cover both Virgin Money and Clydesdale Bank products.

This move to a single point of contact for brokers comes as part of the integration between the two brands following the parent of Yorkshire Bank and Clydesdale buying Virgin Money for £1.7bn in the summer of 2018.

Residential and buy-to-let business will be covered by the team and it will provide “a bespoke approach to underwriting more complex cases,” Virgin says.

Virgin Money head of mortgage distribution and general insurance Sarah Green says: “This is another important step in our journey to combine Virgin Money and Clydesdale Bank.

“The new team have a combined wealth of experience and will help brokers find the right product for their customers.

“As well as having access to a full range of Virgin Money and Clydesdale Bank products, brokers will be able to chat directly to their BDM about complex cases which may require a more flexible and bespoke approach to underwriting complex cases, something which Clydesdale Bank is widely known for.”


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