Virgin Money will allow you to start looking at a new mortgage deal when your current mortgage deal ends within 120 days (4 months) or you have already moved onto their Standard Variable Rate (SVR) or their Buy-to-let Variable Rate. Generally, we have always found the deals offered competitive.

They will allow you to switch if you are not making any changes to your mortgage, such as the amount borrowed, the length or repayment type.

Your mortgage is not a split product. This means you only have one repayment type (capital and interest or interest only) and you haven’t taken additional borrowing on your mortgage.

You are not going to make an overpayment or take a payment holiday before switching to a new deal.

You don’t have a Help-To-Buy Equity loan or Shared Ownership mortgage.

Your income is paid in Pounds Sterling.