Family - Accepted from close relatives. Close relatives are defined as parent, child, grandparent, estranged spouse/ partner (where genuine matrimonial split), brother, sister, uncle/aunt, foster parents or legal guardian and also includes step relatives.

A letter must be provided by the conveyancing solicitor confirming that the gift is non-  repayable and that no charge will be registered on the security property as a result of the gift. Gifted deposit can be for the full deposit amount


Recent updates to Vida Criteria

100% Debt Consolidation now available on residential products up to 70% LTV
Up to three unsecured missed payments allowed in the last 6 months
Maximum BTL loan increased to £1.5m