This hands the lender a mortgage market share of 3.4%, up from 2.9% according to latest Council of Mortgage Lender (CML) figures.
Mortgage balances rose to £25.5bn up 16% against market growth of 1.8%. Reported arrears levels came in at 0.22% against the industry average of 1.12%.
Over 12,500 intermediary partners introduced business to Virgin Money in 2015 and the group was awarded best lender at the prestigious Legal & General awards at The Guildhall in the City.
This confirms market-beating growth across mortgages, savings and credit cards with underlying profit before tax rising to £160.3m, up 53% year-on-year.
The Board recommended a final dividend of 3.1p per ordinary share, with the total annual dividend of 4.5p per ordinary share.
Jayne-Anne Gadhia, chief executive at Virgin Money, said: “Growth in our mortgage book outpaced the market as we continued to support demand for housing in the UK. Our savings franchise continued to flourish and deposit balances are now higher than at any point in our history. The success of our new credit card business, following the successful migration of credit card accounts to our own platform, means we now expect to grow card balances to at least £3 billion by the end of 2017, a year earlier than planned. We will continue to put our customers at the heart of everything we do and look to the future with confidence.”