Vida launches new specialist residential mortgage range

Vida launches new specialist residential mortgage range
We’ve received a fantastic response from the market since launch and are committed to becoming a significant lender in the specialist sector during 2017

Vida Homeloans has announced the introduction of its new specialist residential mortgage range.

According to the lender, the new range will include 2 year variable rates from 2.99%, 2 year fixed rates from 3.29%, 5 year fixed rates from 3.79% and a new Fee Saver range to help intermediaries kick start their business for 2017.

The move highlights the lender's ongoing commitment to intermediaries, providing specialist residential and buy to let lending solutions for underserved segments of the mortgage market.

Vida also announced that it is is launching a new range of Fee Saver products across all its residential products. The range’s main features are no product fee and refund of valuation & assessment fee after completion (capped at £650).


Louisa Sedgwick, Director of Sales - Mortgages at Vida Homeloans comments: “We’ve received a fantastic response from the market since launch and are committed to becoming a significant lender in the specialist sector during 2017.  Our partnerships with brokers and networks are extremely important to us and we are continually listening to their feedback.  They’ve been telling us that a Fee Saver option on our residential product range would be a useful addition to our proposition, especially when combined with the breadth of criteria we offer in the specialist mortgage sector.

We intend to continue to keep listening to intermediaries and investing in our business to ensure we’re consistently meeting the needs of the market. We look forward to 2017 and the opportunity to build on what has so far been a very encouraging market entry.”

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Latest Comments

Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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