Smart Money People Logo
User profile avatar

Viewing profile for,

KandD

1

Total reviews written

0

Helpful marks given to their reviews

18

Times reviews seen

All reviews (1)
Review of the Virgin Money, Mortgages:
View on product page

Massively under valued house leading to high LTV

1
We went through the mortgage applicatipn with virgin was quite please with a great deal on offer LTV and interest rate good we already live in our house and were looking to swap provider to get a better deal. However when it came down to the valuation apparently they do it all electronically and was told computer says price and its got to be right theres nothing we can do....now the value compared to our current mortage company was over 40000 difference and I have no idea how they work the figure out electronically either as house prices in the area did not reflect there value. Therefore they put us on a higher LTV higher interest rate which just defeated why we was looking to move. Therefore we stayed with our current company as with a higher interest rate it wasn't worth it to move. I would AVOID...they lure you in with good deals but really twist it anyway they can to try benefit the company and push you on a rubbish deal. Reviewed on: 20th June 2021

We are helping 1000s to make smarter financial decisions

We use the power of consumer reviews to help increase trust and transparency in financial services and to deliver industry leading insight and events.

Collage of people