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

warren
warren 26 Apr 2017

You're very welcome Mary! Glad you enjoyed them :)

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Mary Ward
Mary Ward 26 Apr 2017

Thank you for the wonderful ideas. First impressions can make or break a deal. It's sadly that many homeowners drop the kerb to create an off-street parking space.

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Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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bnellyb
bnellyb 08 Apr 2017

There will be an exodus of private landlords over the next 5 years as tax changes take effect, private landlords provide an important service to the rental market, why do housing associations and councils...

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Fred Cassman
Fred Cassman 07 Apr 2017

"Make it look like you are at home": often people forget this and share on facebook their location!

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jared townsend
jared townsend 05 Apr 2017

It'll be interesting to see how & if the Government's asset sale regarding mortgages helps

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SecomTech
SecomTech 04 Apr 2017

...and not one mention of the rules on PERMITTED DEVELOPMENT!!! Unless you have studied the plans you will not know...It's probable a high proportion would not need planning permission...BUILDING Control...

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Jonathan
Jonathan 03 Apr 2017

That's a very interesting study indeed. There is no doubt that new services and web apps such as Wonego.com in the UK or Roomster in the US will change the way people look for a flatmate, and that tenants...

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MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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