Mortgages & Business Finance

At Virtuous our goal is to help you achieve yours! We take the time out to listen to exactly what it is you are trying to achieve, our team will then present you with options laying out all pros and cons on the table giving you the opportunity to go away and take time to do what's really right for you. No matter what you choose, the Virtuous Team will be here with you every step of the way.
Most recently he team have managed to get a mortgage approved on a block of flats that is known to be one of the most difficult properties to get a mortgage on but the Virtuous Team did it! In addition we take pride in our successful achievements and continue to hold 100% success rate in Right to Buy applications with a discounted amount received of £112,800 without our clients having to spend a single penny on any part of the home deposit! (that’s right not ONE PENNY!!).

MORTGAGES

Not getting an agreement in principle (also known as a Decision in Principle or DIP)

While it's easy to get caught up in the excitement of house hunting, it's crucial to first figure out your financing options. It's a good idea to have an agreement in principle from your lender before you start looking at properties. An agreement in principle, also known as a ‘mortgage promise' or a 'decision in principle,' is a certificate from your mortgage provider that indicates the maximum amount you can borrow. These are good for anywhere from 30 to 90 days. While it isn't an official offer from your lender, it provides you a good sense of your budget and shows sellers that you're serious about buying their property and can afford the house being sold if they were to accept your offer. At Virtuous we are able to provide you with an Agreement in Principle within 24-48 hours of receiving all relevant documents. How's that for efficiency!
Underestimating how long it takes to get a mortgage

When it comes to securing a mortgage, there is no set timeline for your application to be granted. Although most borrowers can expect to wait around 18 to 40 days between submitting an application and getting a mortgage offer, it could take much longer. Before rushing into putting an offer on a home, it's critical to get your mortgage application completed as soon as possible
Not checking your credit score - never a good idea!

Your credit score is a financial CV that lenders will review before determining whether or not to lend to you. You face the risk of having more challenges with your application if your credit is bad. It's critical to verify your credit score before applying so that you can repair any mistakes on your record and get your credit rating in the best possible shape. Even if you have a bad credit history, such as defaults or County Court Judgments (CCJs), Virtuous are still able to help you with strategies into how to obtain a mortgage.
Not being registered on the electoral roll - most people really underestimate the importance of this

Checking the electoral roll is one of the simplest ways for a lender to verify your identification, so make sure you register. If you don't, it's possible that your application will take longer to process. Furthermore, it is possible that your credit score will suffer as a result. The process of becoming a member of the electoral roll is simple. You only need to complete a brief application on GOV.UK.
Underestimating how much it costs to buy a home

Although your home will be the most expensive item, the cost of purchasing a home includes a lot more. Additional expenses to consider include obtaining a valuation, legal fees, house survey fees, and conveyancing fees. You should also think about the household expenditures you'll have to pay as a homeowner, such as contents insurance, building insurance, and council tax. It's critical to assess how much money you'll need to cover these expenses so you don't get caught off guard. At Virtuous we have a holist approach to obtaining your mortgage. We work with a wide network of providers that will cover you from the mortgage itself all the way to the buildings insurance, at competitive rates.

TOP 5 FIRST TIME BUYER MISTAKES

Not getting an agreement in principle (also known as a Decision in Principle or DIP)

While it's easy to get caught up in the excitement of house hunting, it's crucial to first figure out your financing options. It's a good idea to have an agreement in principle from your lender before you start looking at properties. An agreement in principle, also known as a ‘mortgage promise' or a 'decision in principle,' is a certificate from your mortgage provider that indicates the maximum amount you can borrow. These are good for anywhere from 30 to 90 days. While it isn't an official offer from your lender, it provides you a good sense of your budget and shows sellers that you're serious about buying their property and can afford the house being sold if they were to accept your offer. At Virtuous we are able to provide you with an Agreement in Principle within 24-48 hours of receiving all relevant documents. How's that for efficiency!
Underestimating how long it takes to get a mortgage

When it comes to securing a mortgage, there is no set timeline for your application to be granted. Although most borrowers can expect to wait around 18 to 40 days between submitting an application and getting a mortgage offer, it could take much longer. Before rushing into putting an offer on a home, it's critical to get your mortgage application completed as soon as possible
Not checking your credit score - never a good idea!

Your credit score is a financial CV that lenders will review before determining whether or not to lend to you. You face the risk of having more challenges with your application if your credit is bad. It's critical to verify your credit score before applying so that you can repair any mistakes on your record and get your credit rating in the best possible shape. Even if you have a bad credit history, such as defaults or County Court Judgments (CCJs), Virtuous are still able to help you with strategies into how to obtain a mortgage.
Not being registered on the electoral roll - most people really underestimate the importance of this

Checking the electoral roll is one of the simplest ways for a lender to verify your identification, so make sure you register. If you don't, it's possible that your application will take longer to process. Furthermore, it is possible that your credit score will suffer as a result. The process of becoming a member of the electoral roll is simple. You only need to complete a brief application on GOV.UK.
Underestimating how much it costs to buy a home

Although your home will be the most expensive item, the cost of purchasing a home includes a lot more. Additional expenses to consider include obtaining a valuation, legal fees, house survey fees, and conveyancing fees. You should also think about the household expenditures you'll have to pay as a homeowner, such as contents insurance, building insurance, and council tax. It's critical to assess how much money you'll need to cover these expenses so you don't get caught off guard. At Virtuous we have a holist approach to obtaining your mortgage. We work with a wide network of providers that will cover you from the mortgage itself all the way to the buildings insurance, at competitive rates.

According to a new estimate, the number of first-time purchasers in the United Kingdom has reached its highest level since 2002. Despite the pandemic's unpredictability and rapid housing price growth, the number of first-time buyer transactions is as high as 408,300 in 2021.
More and more people are realising the importance of building assets, with property being one of the first steps. Finding your first house and getting your foot on the property ladder is a huge step in your life, but it's not without its challenges. Along with saving for a deposit (unless you don't need one - check out our 0% down strategies) and finding the ideal home, you must also decide which mortgage provider will give you the best rates. Whether you are a 'First Time Buyer, or not our experienced team will guide you with the best ways in which you are able to save money on your next purchase and mortgage. Take advantage of our team of Brokers, Accountants, Solicitors, Consultants & Business Services all under one roof! The Virtuous Team are all on board to give you the peace of mind needed with today's everyday pressures. We only strive to be the best and with the client’s goals at the forefront of our every move. As the Virtuous Team would say "Failure is not an option!"

FIRST TIME BUYERS

BUSINESS FINANCE

Business Loans

From £25,000 to £250,000
Homeowner preferred (but not necessary)
Required: Last 6 months bank statements and Full Financial Accounts

There are tough times for any business, especially for those who are reliant on customers, whether you are a sole trader, new company or establishment with limited status Virtuous has a product for you.

Asset finance is a type of lending that enables you to access business assets such as equipment, machinery and vehicles without having to buy them upfront. It can also allow you to release cash from the value in assets you already own or use your existing assets as security against a business loan from an asset finance lender.
All asset types accepted

Asset Finance

Merchant Cash Advance

Other Finance Products

Accident Management (Personal Injury & Car Hire/ Repair)

In addition to the above, we have our “Buy Now, Pay Later” service available for any of our Virtuous clients/members.
Business loans can be a key source of finance. As a company, you should have a number of business loan options that can help you better manage your business. However, it’s important to first identify the specific type of loan your business requires before applying. Book your free consultation today and see how Virtuous can help take your business to the next level.

Commercial Mortgages

Key Features
Borrow up to 80% Loan to Value (LTV)
Rates from 2.25%
Borrow from £25,000+
Terms from 5 years to 30 years
Any security considered
Previous adverse credit considered
Repayment or interest only

Buy To Let

The minimum deposit for a buy-to-let mortgage is usually 25% of the property's value, although it can go as low as 20%

A client will opt for a BTL if they are considering purchasing a property that they do not intend to live in. For instance, if they wanted to start a property business such as Airbnb or an HMO (House With Multiple Occupants). BTL mortgages can also be used if you were considering applying for a mortgage under your business name.

At Virtuous the team are able to package together some amazing BTL applications without all the stress involved or even in some cases, succesful approval without your income!!! Find out more by speaking to one of our consultants.

Not getting an agreement in principle (also known as a Decision in Principle or DIP)

While it's easy to get caught up in the excitement of house hunting, it's crucial to first figure out your financing options. It's a good idea to have an agreement in principle from your lender before you start looking at properties. An agreement in principle, also known as a ‘mortgage promise' or a 'decision in principle,' is a certificate from your mortgage provider that indicates the maximum amount you can borrow. These are good for anywhere from 30 to 90 days. While it isn't an official offer from your lender, it provides you a good sense of your budget and shows sellers that you're serious about buying their property and can afford the house being sold if they were to accept your offer. At Virtuous we are able to provide you with an Agreement in Principle within 24-48 hours of receiving all relevant documents. How's that for efficiency!
Underestimating how long it takes to get a mortgage

When it comes to securing a mortgage, there is no set timeline for your application to be granted. Although most borrowers can expect to wait around 18 to 40 days between submitting an application and getting a mortgage offer, it could take much longer. Before rushing into putting an offer on a home, it's critical to get your mortgage application completed as soon as possible
Not checking your credit score - never a good idea!

Your credit score is a financial CV that lenders will review before determining whether or not to lend to you. You face the risk of having more challenges with your application if your credit is bad. It's critical to verify your credit score before applying so that you can repair any mistakes on your record and get your credit rating in the best possible shape. Even if you have a bad credit history, such as defaults or County Court Judgments (CCJs), Virtuous are still able to help you with strategies into how to obtain a mortgage.
Not being registered on the electoral roll - most people really underestimate the importance of this

Checking the electoral roll is one of the simplest ways for a lender to verify your identification, so make sure you register. If you don't, it's possible that your application will take longer to process. Furthermore, it is possible that your credit score will suffer as a result. The process of becoming a member of the electoral roll is simple. You only need to complete a brief application on GOV.UK.
Underestimating how much it costs to buy a home

Although your home will be the most expensive item, the cost of purchasing a home includes a lot more. Additional expenses to consider include obtaining a valuation, legal fees, house survey fees, and conveyancing fees. You should also think about the household expenditures you'll have to pay as a homeowner, such as contents insurance, building insurance, and council tax. It's critical to assess how much money you'll need to cover these expenses so you don't get caught off guard. At Virtuous we have a holist approach to obtaining your mortgage. We work with a wide network of providers that will cover you from the mortgage itself all the way to the buildings insurance, at competitive rates.

Consultancy Services

Business Support

Have you considered starting a business but not sure what to do?

Looking to restructure or expand your current business?

Maybe you don't have much cash but would love the opportunity to start a company?

Many of us have the aspirations, plans and vision to start building a business of our own.

Perhaps it a new venture, or maybe you finally want to expand on the catering hobby you started in your home kitchen.

Virtuous believes everyone deserves a chance when it comes to business!

If you’re going to live, leave a legacy,

make a mark on the world that can’t be erased

Maya Angelou

We are a consultancy firm committed to providing expert insights and guidance. Please note that our services do not constitute advice. Our partners are regulated by the relevant authorities, ensuring professionalism and adherence to industry standards

0208 050 5487