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The specialist lender
you've always dreamed of
We’re always dreaming big at Vida. Which is why we’ve made some fantastic
changes to transform how we support you and your customers to find a place to call home.
We've enhanced our Residential criteria.
At Vida, we understand that life isn’t all rainbows and unicorns.
Which is why we’ve made some enhancements to our Residential criteria to make it easier for your customers to find a place to call home.
What's changed?
- Increased LTVs up to 85%
- Increased Interest Only LTVs up to 75% with the term extended to 40 years
- 6x loan to income now available to all clients
- Reduced the minimum loan size to £50k
- Expanded our residency offering, with new Visa types and only 1 year’s UK address history needed
- Zero Hours and Piecework Contractors now accepted with only 12 months experience
- Self employed only need 1 year of trading
- Expanded those who can support a Joint Borrower, Sole Proprietor mortgage
- Introduced Fee Saver products
What about specialist properties?
- Removed restriction on the number of storeys
- We now consider all types of property near to / above commercial
- We’ve enhanced our criteria across cladding, flying freeholds and coach houses
- Extended postcode coverage in Scotland
Intermediary support - quick links
More useful tips and information.
Get our current service levels
Here are our current mortgage service levels. Updated daily:
- DIP Referral: 24 hours
- Valuation receipt: 7 working days
- Initial Underwriter Review: 2 working days
Get your criteria questions answered
We get it. You just want a quick answer on whether your specialist case will fit.
You can call the V-Hub on 03300 246 246 and run your client's case past one of our team. If you'd prefer, you can search our online lending criteria, or tap on MILO - our lending criteria virtual assistant - to get the answers you need.
Prefer to email? Send your criteria questions to askmilo@vidahomeloans.co.uk and we'll reply as soon as we can.
Get registered
You'll need to register before you submit your client's residential or buy-to-let mortgage decision in principle or application.
To register, please make sure you have the following information to hand:
- Company name and Financial Services Register reference number
- Company registered address and office address (if different) including postcode
- Whether you are Directly Authorised (DA) or a Appointed Representative (AR). If AR please select your network company name
- Business submission route - via packager, club or network
- Personal contact details.
We've enhanced our criteria
We've transformed how we support you and your customers with enhanced criteria across the board for both Residential and Buy to Let.
Got a question?
Our V-Hub team and Underwriters are on hand to help at every stage
