Virgin Mortgages
Topics:Mortgage
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Virgin group is preparing for a return to the mortgage market and wants to obtain a licence to become a High Street bank, billionaire founder Sir Richard Branson has revealed.
Branson, who failed in an attempt to acquire beleaguered northern rock in October 2007, said:”We are going to get back into the mortgage business and will become a bank either by acquisition or by getting our own banking licence. You will see us become a consumer bank within the next couple of years.’