Virgin Money success continues

Virgin Money acquired Northern Rock from the Government in January 2012 at an initial cost of £747m. A further £73m was paid in June 2013 and it is rumoured that the final payment of £154.5m will soon be paid. Industry press and Sky News also report that Virgin Money is moving towards floating on the London Stock Exchange with a listing that would value the company at £2bn.

This, along with Virgins announcement that it will be creating 200 new jobs is strong testament to the positive growth not only within Virgin, but also with the housing market and lending arena at large.

Virgin Money

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About harveybowes
Mortgage Broker and founding Director of Harvey Bowes Limited. A mortgage broking practice with bases in Cardiff & Poole, UK. We take a fresh and positive approach to mortgage broking which pays dividends for both our clients and frankly, ourselves. The team at Harvey Bowes are expert advisors in all aspects of mortgages from residential to commercial and buy to let.

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