Residential updates

  • The Helping Hand mortgage from Vida Homeloans has been designed
    to allow parents to join their child on the mortgage
  • New Free Valuation available on Fee Saver residential mortgage range

BTL updates

  • Reduced 1% fee for smaller loan sizes
  • Free valuation now available on Fee Saver range
  • Quicker and cheaper remortgages with 'No Search Indemnity'

LENDING CRITERIA

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If the property was purchased less than 6 months ago, remortgaging out of bridging finance provided by other lenders will be on a pound-for-pound basis only, which may include legitimate fees and interest applied by the existing lender. Capital raising will not be available.

An application where the existing bridging facility or mortgage is provided by a private individual or company connected to the customer(s), is not accepted.

Accepted providing the incentive does not exceed 5% and confirmation is received from the vendor/builder, confirming the monetary value.

Suitable buildings insurance should be in place at exchange of contracts where applicable