Staff Reporter
Virgin Money is determined to launch its long awaited mortgage and transaction account, despite ongoing warnings about the flat market.
While the company’s commercial director of cards and savings Mark Rayner refused to be drawn on when Australians can expect the mortgage and transaction account to be launched, he did say it could be “sooner rather than later”.
Mr Rayner said adding a mortgage suite to Virgin Money’s long list of accomplishments would help the company establish itself as a broad financial services business.
Virgin Money first announced its plans to enter the mortgage market back in January, having formed a successful partnership with Citibank in 2009.
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