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Virgin Money has announced that it will be teaming up with major aggregator Choice Aggregation Services just a year after the launch of its Reward Me Home Loan.
Virgin Money CEO Greg Boyle said that the lender aims to work more closely with its broking partners and that the collaboration with Choice is a critical phase in Virgin Money’s expansion.
“We’ve been delighted with the response so far, and it has certainly exceeded our expectations,” Mr Boyle added.
Choice Aggregation Services CEO Stephen Moore said: “We are particularly pleased to add Virgin Money to our lending panel. The Virgin Money brand resonates strongly with Australians, and we have had significant interest from Choice members.”
Mr Boyle further confirmed that Virgin Money is in the process of recruiting additional business development managers.
[Related: Mutuals lift IO rates by up to 50 bps]
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James Mitchell
AUTHOR
James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.
He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.
He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.
James holds a BA (Hons) in English Literature and an MA in Journalism.