With the New Year upon us and new challenges ahead, let Vida Homeloans help you clear your desk and place those specialist cases. To assist, we’ve put together a list of our top specialist mortgage products which brokers have told us helped them place a complex case.
Residential
- Impaired & improved credit – small or life events allowable; up to 4 CCJs and 3 missed mortgage payments allowable up to 75% LTV
- Buying together mortgages – Up to 4 applicants with all incomes considered
- First time buyers – full gifted deposits accepted
- Self employed – 1 year’s verified accounts or SA302
- Flats above commercial premises – Up to 75% LTV
Buy to Let
- Portfolio landlords – Up to 15 Properties/£2m with Vida Homeloans (50 properties in total)
- Rental calculation – From 125% rental cover with top up from 115%
- Expats investing in the UK – For existing UK property owners living or working within the EEA. No minimum income required
- Trading company or SPV – Available on any trading limited company with just 1 year’s accounts
- Multi unit blocks & HMOs – MUBs up to 5 units, HMOs up to 8 bedrooms; no additional rate fee or loading
- First time buyers / First time landlord – Applicants who do not currently own any property are acceptable
Our experienced Telephone BDM team are on hand to answer any queries you may have. Call 03300 246 246 with your case or drop us an email, info@vidahomeloans.co.uk
