Vida has made some significant changes to its New Build proposition which includes extending a mortgage offer period from 4 to 6 months. Offers can be extended by up to 6 months subject to a new credit search, affordability and re-valuation. In addition, Vida now accepts a completion certificate from the developer removing the need for a re-inspection prior to completion. All New Build applications are also now processed by a dedicated underwriting team.

Vida has also introduced a speedy remortgage proposition so its vast panel of conveyancers can now use our ‘no search indemnity insurance’, removing the need for local authority searches to be carried out, resulting in a quicker transaction time and lower cost to your clients. Vida’s ‘no search indemnity’ is also available on BTL portfolios, HMOs & MUBs.

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