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

SEARCH

If there is Japanese Knotweed present within the boundary of the property or neighbouring properties, the valuer will confirm which of the four categories apply.

  • If category 1 applies no report or action is required unless recommended by the valuer.
  • If category 2 applies each case will be reviewed on its individual merits, taking into account the valuer’s advice.
  • If category 3 or 4 applies Vida Homeloans will not lend within these categories.

It is possible that the valuer may feel that the presence of Japanese Knotweed on the property or neighbouring land (e.g. very close to the boundary) may present such a threat that the subject property is not recommended as a suitable mortgage security. If this is the case the application may be declined.