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They are a commercial organisation under different pressures to, say, Halifax.
Halifax are owned by Lloyds. Not sure why they would be any different to Virgin Money when it comes to commercial decisions?
Branson has a minority stake in VM which is now an amalgam of what was Clydesdale Bank and various others.
It's all the same shit unless its a genuine building society, which none of the above are.
ChasnotRobert-
Halifax are owned by Lloyds. Not sure why they would be any different to Virgin Money when it comes to commercial decisions?
Who has the scale and the cosy relationship with her majesty's finest?! They are essentially briefed to 'be nice' as a counterweight to the harsh realties of financial markets.
Howard
Worth noting that they are under no obligation to port (taking an existing mortgage still in the fixed term and moving it to a new property), In the same way that they are under no obligation to offer finance for whatever property you want.
They are a commercial organisation under different pressures to, say, Halifax.