Premier Packager Club
You deserve the best! That’s why we have launched the Vida Premier Packager Club, to provide you with everything you want, and deserve from a Specialist Lender!
Product perfection
Get life moving for your specialist customers with our Residential and Buy to Let Packager product range.
Transparent tiering
Our simplified tiering makes it even easier for you to find the best solution for your specialist customers.
Intermediary support with V-Hub
Get direct access to the Underwriter handling your case through the V-Hub.
Our Service Pledge
Service excellence or we'll refund the administration fee - it's as simple as that.
Your Packager exclusive tier
See where your customer fits within our new Vida tiers.
| Criteria | Vida 36 | Vida 24 | Vida 6 | Packager |
|---|---|---|---|---|
| Time since the last default where the amount was £500 or more** | 0 in 36 | 0 in 24 | 0 in 6 | Considered < 6 months |
| Time since the last CCJ where the amount was £500 or more** | 0 in 36 | 0 in 24 | 0 in 6 | Considered < 6 months |
| Worst status Secured Payments* (months) | 0 in last 36 | 3 in last 24 | Considered (no max) | |
| No secured arrears allowed within the last 6 months | ||||
| Number of missed unsecured payments ≥ £250 in the last 6 months | 1 in 6 | 2 in 6 | 3 in 6 | Considered (no max) |
| Bankruptcy / IVA / DRO / Trust Deed | 3 years + | 1 year + | ||
| Previous repossessions | 6 years + | 3 years + | ||
*All historic secured arrears must have been made up to date for at least 6 months prior to application
Debt Management Plan/Debt Arrangement Schemes may be considered at Underwriter discretion - subject to satisfactory affordability and conduct checks.
**All CCJs and defaults less than £500 are excluded within the product tiering
Vida 36 Time since the last default where the amount was £500 or more** 0 in 36 Time since the last CCJ where the amount was £500 or more** 0 in 36 Worst Status Secured Payments* (months) 0 in last 36 Number of missed unsecured payments >£250 in the last 6 months** 1 in 6 Bankruptcy / IVA / DRO / Trust Deed 3 years + Previous repossessions 6 years + VIDA 24 Time since the last default where the amount was £500 or more** 0 in 24 Time since the last CCJ where the amount was £500 or more** 0 in 24 Worst Status Secured Payments* (months) 3 in last 24 Number of missed unsecured payments >£250 in the last 6 months** 2 in 6 Bankruptcy / IVA / DRO / Trust Deed 3 years + Previous repossessions 6 years + Vida 6 Time since the last default where the amount was £500 or more** 0 in 6 Time since the last CCJ where the amount was £500 or more** 0 in 6 Worst Status Secured Payments* (months) 3 in last 24 Number of missed unsecured payments >£250 in the last 6 months** 3 in 6 Bankruptcy / IVA / DRO / Trust Deed 3 years + Previous repossessions 6 years + Worst Status Secured Payments* (months) 3 in 24 PACKAGER Time since the last default where the amount was £500 or more** Considered < 6 months Time since the last CCJ where the amount was £500 or more** Considered < 6 months Worst Status Secured Payments* (months) Considered (no max) Number of missed unsecured payments >£250 in the last 6 months** Considered (no max) Bankruptcy / IVA / DRO / Trust Deed 1 year + Previous repossessions 3 years +
Your Packager products
Our Premier Packager Club members get access to a range of products, helping you to help more customers get life moving.
Our Packager Partners
