Vida Homeloans is the award-winning specialist residential and buy to let lender for customers who may not fit the criteria currently demanded by high street lenders. Every mortgage tells a story; tell us your customer’s.
Lee & Suzy’s story
- Want to borrow 75% of the value of the property, with 20% of the deposit coming from the HTB Scheme and 5% from a HTB ISA
- Lee is a self-employed contractor and has just started a new six month contract
- Small missed payment to a credit card provider in the last six months
How Vida can help
- Available up to 80% LTV for a Scottish purchase, 75% in England, London & Wales
- 4.8% Revert rate options for both 2 and 5 year terms
- Up to 85% LTV remortgage when staircasing on all schemes
- Extensive New Build criteria – fast-tracked initial offer lasting 6 months, extendable by another 6
- Gifted deposits and HTB ISA (plus bonus) accepted
- Builder incentives considered above customer’s 5% deposit
- Impaired and improving credit history accepted
- Self-employed minimum 1-year trading
- Contractors with short work history accepted
