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Clydesdale Bank’s mortgage range available to DA brokers via mortgage clubs

  • 01/11/2021
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Clydesdale Bank’s mortgage range available to DA brokers via mortgage clubs
Clydesdale Bank’s mortgage range will be available to directly authorised brokers through mortgage clubs as part of the firm’s ongoing integration with the Virgin Money brand.


Brokers will have access to underwriters for loans worth over £750,000 along with business development manager guidance on both Virgin Money and Clydesdale cases.

They will also have service benefits, and Virgin Money and Clydesdale recently relaunched its service promise which promises an offer to borrowers within 10 days of a fully packaged application being submitted.

Previously directly authorised brokers would have to go directly to Clydesdale Bank to access its products.

The parent company of Clydesdale, CYBG, acquired Virgin Money in 2018 for £1.7bn, and Virgin Money has emerged as the leading intermediary mortgage lending brand.

As part of its results earlier this year Virgin Money confirmed that there would be a rebrand, with Clydesdale and Yorkshire coming under the Virgin Money umbrella. The integration of the brand is expected to be completed next year.

Richard Walker (pictured), national sales manager Virgin Money, said: “This is a great opportunity for us to work more closely with our mortgage club partners providing their brokers with access to Clydesdale’s full mortgage range. This aligns with the Virgin Money model and is all backed up by our recently relaunched service promise.”

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