22 August 2017
With Virgin Money, payment holidays are available once customers have had a mortgage with them for nine months and providing payments are up to date. These payment holidays can also be accumulated up to a maximum of three months and taken together, providing 27 consecutive payments have been made in full.
And for your buy to let customers payment holidays can be useful to offset rental voids.
Payment holidays are subject to criteria.*
For more information speak to your dedicated BDM.
*Please see the intermediary website for further details.