Virgin Money is latest lender to offer Help to Buy mortgages

Virgin Money has become the fourth bank to sign up as a mortgage lender as part of the government’s Help to Buy scheme.

The government scheme helps house-buyers gain mortgages with deposits as little as 5% of a property’s value.

Virgin Money joins RBS, Halifax and retail bank Aldermore in offering mortgages with state guarantees.

Barclays is yet to decide whether or not to join the programme. HSBC has said it will join the scheme later this year.

 

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