Residential Products
Criteria Highlights
Maximum age of 80 years considered at end of term
- Potential for a term of up to 45 years
- Packager credit tier available for higher adverse
- All Defaults and CCJs less than £500 are excluded from product tiering
What’s New?
- Self-employed - Minimum required trading history reduced
to 12 months and latest accounts for Ltd
Company Directors and Sole Traders now
valid for 21 months
- Contractors - Minimum time remaining on contract
reduced to 1 month
- Commission - Commission income acceptance increased to 100%
Why Vida?
Product perfection
Get life moving for your specialist customers with our Residential 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.
Customer Credit Profiles
Should your customer have adverse that falls outside of our three Credit Tiers, we still may be able to help with our Packager Tier.
| 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
*Unsecured includes unsecured loans, hire purchases, store cards, credit cards and current accounts.
Debt Management Plan/Debt Arrangement Schemes are acceptable subject to affordability.
**All CCJs and defaults less than £500 are excluded within the product tiering
Higher LTV Credit Requirements
All residential LTVs equal to and above 90% require the customer’s credit file to be up to date with no current arrears on major unsecured items*.
For Vida 24 and Vida 6 products, any LTV above 85% requires the customer’s credit file to be up to date with no current arrears on major unsecured items*.
Remortgages allowed for any legal purpose. Remortgages with debt consolidation are available up to 90% LTV on the Vida 36 tier and up to 85% LTV across all other tiers. Capital Raising for gambling debts is not allowed.
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Got questions about our lending criteria, products, credit tiers or what makes Vida tick? Just ask away!
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Residential Mortgage Products
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Cashback | 75% | Vida 36 | 5.71% | £995 | £2m | £500 | RCB3641514 |
| Vida 24 | 5.94% | RCB2441515 | |||||
| Vida 6 | 6.46% | RCB0641516 | |||||
| Packager | 7.41% | RCBPA41550 | |||||
| Standard | 85% | Vida 36 | 6.33% | £995 | £1.5m | n/a | RST3641517 |
| Vida 24 | 6.37% | RST2441518 | |||||
| Vida 6 | 7.13% | RST0641519 | |||||
| Standard Pathway | 95% | Vida 36 | 6.97% | £995 | £750k | n/a | RST3641622 |
| Cashback Pathway | 90% | Vida 36 | 7.13% | £995 | £1.5m | £1,250 | RCB3641520 |
| Vida 24 | 7.15% | RCB2441521 | |||||
| Vida 6 | 8.14% | RCB0641522 | |||||
| 95% | Vida 36 | 7.29% | £995 | £750k | £1,250 | RCB3641623 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.2026 5.80%
set on 01.02.2026 5.80%
Revert Rate
8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until 2 year
31/10/2028
fixed until 2 year
31/10/2028
ERCs
until 31/10/2027
4%
until 31/10/2028
3%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on most applications
Pathway products come with no assessment fee, for a limited time
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Fee Saver Cashback | 75% | Vida 36 | 6.32% | £0 | £2m | £500 | RCF3641536 |
| Fee Saver Cashback Pathway | 90% | Vida 36 | 7.67% | £1.5m | £1,250 | RCF3641537 | |
| 95% | Vida 36 | 7.68% | £750k | RCB3641624 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.2026 5.80%
set on 01.02.2026 5.80%
Revert Rate
8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until 2 year
31/10/2028
fixed until 2 year
31/10/2028
ERCs
until 31/10/2027
4%
until 31/10/2028
3%
Additional Information
Minimum loan
50k
Fees
Fee saver products have no assessment fee and free valuation on properties up to £500k
Pathway products come with no assessment fee, for a limited time
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Cashback | 75% | Vida 36 | 5.85% | £995 | £2m | £500 | RCB3641523 |
| Vida 24 | 5.94% | RCB2441524 | |||||
| Vida 6 | 5.95% | RCB0641525 | |||||
| Packager | 6.82% | RCBPA41551 | |||||
| Standard | 85% | Vida 36 | 6.19% | £995 | £1.5m | n/a | RST3641526 |
| Vida 24 | 6.35% | RST2441527 | |||||
| Vida 6 | 6.72% | RST0641528 | |||||
| Cashback Pathway | 90% | Vida 36 | 6.69% | £995 | £1.5m | £1,250 | RCB3641529 |
| Vida 24 | 6.89% | RCB2441530 | |||||
| Vida 6 | 7.52% | RCB0641531 | |||||
| 95% | Vida 36 | 6.89% | £995 | £750k | £1,250 | RCB3641532 | |
| Vida 24 | 7.49% | RCB2441533 | |||||
| Vida 6 | 7.79% | RCB0641534 | |||||
| 97% | Vida 36 | 7.43% | £995 | £750k | £1,250 | RCB3641535 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.2026 5.80%
set on 01.02.2026 5.80%
Revert Rate
8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until 5 year
31/10/2031
fixed until 5 year
31/10/2031
ERCs
until 31/10/20275%
until 31/10/20285%
until 31/10/20294%
until 31/10/20303%
until 31/10/20312%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on most applications
Pathway products come with no assessment fee, for a limited time
A minimum term of 6 years is required.
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Fee Saver Cashback | 75% | Vida 36 | 6.03% | £0 | £2m | £500 | RCF3641538 |
| Fee Saver Cashback Pathway | 90% | Vida 36 | 6.89% | £0 | £1.5m | £1,250 | RCF3641539 |
| 95% | Vida 36 | 7.09% | £0 | £750k | £1250 | RCF3641540 | |
| Vida 24 | 7.70% | RCF2441541 | |||||
| Vida 6 | 8.00% | RCF0641542 | |||||
| 97% | Vida 36 | 7.64% | £0 | £750k | £1,250 | RCF3641543 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.2026 5.80%
set on 01.02.2026 5.80%
Revert Rate
8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until 5 year
31/10/2031
fixed until 5 year
31/10/2031
ERCs
until 31/10/20275%
until 31/10/20285%
until 31/10/20294%
until 31/10/20303%
until 31/10/20312%
Additional Information
Minimum loan
50k
Fees
Fee saver products have no assessment fee and free valuation on properties up to £500k
Pathway products come with no assessment fee, for a limited time
A minimum term of 6 years is required.
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Product Code |
|---|---|---|---|---|---|---|
| 2 year fixed | 75% | Vida 36 | 6.99% | £995 | £2m | GST3641544 |
| Vida 24 | 7.04% | GST2441545 | ||||
| Vida 6 | 7.39% | GST0641546 | ||||
| Packager | 7.69% | GSTPA41552 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.20265.80%
set on 01.02.20265.80%
Revert Rate8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until2 year
31/10/2028
fixed until2 year
31/10/2028
ERCs
until 31/10/20274%
until 31/10/20283%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on all applications
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Product Code |
|---|---|---|---|---|---|---|
| 5 year fixed | 75% | Vida 36 | 6.28% | £995 | £2m | GST3641547 |
| Vida 24 | 6.42% | GST2441548 | ||||
| Vida 6 | 6.86% | GST0641549 | ||||
| Packager | 7.19% | GSTPA41553 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.20265.80%
set on 01.02.20265.80%
Revert Rate8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until5 year
31/10/2031
fixed until5 year
31/10/2031
ERCs
until 31/10/20275%
until 31/10/20285%
until 31/10/20294%
until 31/10/20303%
until 31/10/20312%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on all applications
*A minimum term of 6 years is required
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Cashback | 90% Pathway | Vida 36 | 7.43% | £995 | £1.5m | £1,250 | FCB3641554 |
| Vida 24 | 7.45% | FCB2441555 | |||||
| Vida 6 | 8.44% | FCB0641556 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.20265.80%
set on 01.02.20265.80%
Revert Rate8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until2 year
31/10/2028
fixed until2 year
31/10/2028
ERCs
until 31/10/20274%
until 31/10/20283%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on most applications
Pathway products come with no assessment fee, for a limited time
| Product Type | LTV | Tier | Initial rate | Fee | Max loan | Cashback | Product Code |
|---|---|---|---|---|---|---|---|
| Cashback | 90% Pathway | Vida 36 | 6.99% | £995 | £1.5m | £1,250 | FCB3641557 |
| Vida 24 | 7.19% | FCB2441558 | |||||
| Vida 6 | 7.82% | FCB0641559 |
Rate Information
Vida Variable Rate (VVR)
set on 01.02.20265.80%
set on 01.02.20265.80%
Revert Rate8.44%
(VVR + 2.64%)
(VVR + 2.64%)
Product terms
fixed until5 year
31/10/2031
fixed until5 year
31/10/2031
ERCs
until 31/10/20275%
until 31/10/20285%
until 31/10/20294%
until 31/10/20303%
until 31/10/20312%
Additional Information
Minimum loan
50k
Fees
A non-refundable assessment fee of £195 is payable on most applications
Pathway products come with no assessment fee, for a limited time
A minimum term of 6 years is required
Residential Lending Criteria
Key highlights of our flexible residential lending approach
Self-employed
• Minimum 1 years trading required
• Trading for less than 2 years we will require 1 years evidence of income
• Trading for 2 years or more we will require the latest 2 years evidence of income
• Salary, dividends and net profit considered
• Accepted across all products
• Trading for less than 2 years we will require 1 years evidence of income
• Trading for 2 years or more we will require the latest 2 years evidence of income
• Salary, dividends and net profit considered
• Accepted across all products
Joint Borrower Sole Proprietor
• Up to 4 applicants accepted
• All incomes considered in affordability
• Minimum income of main applicant £15,000
• Parents (including step-parents and parents of a spouse) and children (including step or adopted), siblings, grandparents, aunts, uncles, cousins and nieces/nephews accepted.
• All incomes considered in affordability
• Minimum income of main applicant £15,000
• Parents (including step-parents and parents of a spouse) and children (including step or adopted), siblings, grandparents, aunts, uncles, cousins and nieces/nephews accepted.
Contractor & short work history
• 48x weekly rate for self employed
• Day 1 contractors considered with a minimum 1-years track record of employment within the same line of work
• Minimum 1 month remaining on current contract
• Contractors of any profession
• CIS workers & Umbrella contractors accepted
• Day 1 contractors considered with a minimum 1-years track record of employment within the same line of work
• Minimum 1 month remaining on current contract
• Contractors of any profession
• CIS workers & Umbrella contractors accepted
Specialist Properties
• Ex-Local Authority Leasehold Flats and Leasehold Maisonettes considered up to a maximum 80% LTV where the block remains predominantly council owned.
• New Build flats and Houses are accepted up to 90% LTV
• Flats above or adjacent to commercial accepted
• High-rise flats considered with no restrictions on the maximum number of storeys
• New Build flats and Houses are accepted up to 90% LTV
• Flats above or adjacent to commercial accepted
• High-rise flats considered with no restrictions on the maximum number of storeys
Impaired and improving credit
• All defaults and CCJs less than £500 are excluded from the product tiering
• Mortgage & unsecured arrears considered
• Applicants with Bankruptcy or IVA’s 3 years + allowed (on Packager Tier, 1 year after discharge)
• Debt Management Plan/Debt Arrangement Schemes are acceptable subject to affordability
• Mortgage & unsecured arrears considered
• Applicants with Bankruptcy or IVA’s 3 years + allowed (on Packager Tier, 1 year after discharge)
• Debt Management Plan/Debt Arrangement Schemes are acceptable subject to affordability
Foreign Nationals
Acceptable Visas:
• Skilled Worker Visa
• British National (Overseas) Visa
• Health and Care Worker Visa
• Family Visa - Spouse or Partner
• Family Visa - Parent
• Family Visa - UK Ancestry
• Family Visa - Skilled Worker Dependent
• Innovator Founder Visa
• Investor Visa
• Global Talent Visa
• Minister of Religion Visa
• Sportsperson Visa
• Skilled Worker Visa
• British National (Overseas) Visa
• Health and Care Worker Visa
• Family Visa - Spouse or Partner
• Family Visa - Parent
• Family Visa - UK Ancestry
• Family Visa - Skilled Worker Dependent
• Innovator Founder Visa
• Investor Visa
• Global Talent Visa
• Minister of Religion Visa
• Sportsperson Visa
Need Help?
Ask Mobi
Our smart criteria assistant helps brokers quickly identify the most suitable residential lending solution.
Tap the chat icon to start case shaping.
Residential calculator
Want to know how much we could lend your customers without logging into the Vida Application System for a DIP?
Go to calculatorUseful Residential Documents
For help with mortgage documentation, the application process or to find out more about our products & criteria, call the V-Hub on 03300 246 246
Product Guides, Application Checklists and Residential resources you might find useful
Our case studies will assist you in understanding how we can help more of your specialist clients
🗎 3 & Easy - Miss Nash wants to purchase her first home
🗎 Complex income - Michael and Rose want to do some renovations
🗎 First Time Buyers - Harry and Emma want their own place
Got what you need?
Got questions? We’ve got answers—clear, quick, and straight to the point.
Call the V-Hub on 03300 246 246 and speak to our experienced team:
- Monday: 9am – 5pm
- Tuesday: 9am – 5pm
- Wednesday: 9am – 5pm
- Thursday: 9am – 5pm
- Friday: 10am - 5pm
Already have everything you need? You can login to the Broker Portal to start a new mortgage application or head over to our Product Switch Hub to switch an existing customer to a new deal.
Login to our Broker Portal Visit the Product Switch Hub
You can always ask Mobi.
Mobi is your always-on digital assistant, designed specifically for brokers. Mobi delivers instant, helpful answers to your questions about Vida’s lending criteria, product range, and more when you need them.