A new year brings 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 10 specialist mortgage products which brokers have told us helped them place a complex case in 2018.

Top 5 residential products

  1. HELPING HAND: Parent’s income combined with children’s to assist with affordability. Available across the residential Plus Range including 90% LTV for FTBs.
  2. FIRST TIME BUYERS: Up to 90% LTV. Full gifted deposits accepted. Any scheme, no first time buyer restrictions or additional fees.
  3. ‘BUY TOGETHER’ MORTGAGES: Up to 4 applicants accepted with all incomes considered. Main applicant minimum age 21.
  4. SELF EMPLOYED: 1 year’s verified accounts or SA302. Dividends and net profit considered. Eligible for all products.
  5. FEE SAVER RANGE: £0 product fee. Up to £650 Valuation fee refund. Free standard legals on remortgages. Free valuation & a reduced £49 assessment fee for properties up to £500k.

Did you know? We have changed the way applications are submitted to us. Click fore more details and how these changes benefit you and your clients.

Top 5 buy to let products

  1. EXPAT BTL: For expats living worldwide. First time landlords, HMOs/ MUBs accepted. No minimum income, loan size up to £1m.
  2. PORTFOLIO LANDLORDS: Up to 15 properties/£4m with Vida Homeloans. Up to 50 BTL properties in total with average LTV up to 80%. 1 year’s landlord experience required.
  3. MULTI UNIT BLOCKS & HMOs: Multi Unit Block up to 5 units, Houses of Multiple Occupancy up to 8 bedrooms.
  4. TRADING COMPANY OR SPV: Up to 80% LTV across portfolio. £4m maximum loan on buy to let portfolios.
  5. FLATS ABOVE COMMERCIAL: Above restaurants & takeaways: Up to 60% LTV. Above commercial premises: Up to 75% LTV.