Vida Home Loans

Vida Homeloans is an intermediary-only specialist mortgage lender offering Residential and Buy-to-Let mortgages.

About Vida Homeloans

Vida Homeloans is the modern mortgage lender for residential and buy to let customers who may not fit the criteria currently demanded by high street banks. Vida uses the latest technology to support and inform human decisions, providing intermediaries with a quick, efficient and reliable service.
The management team at Vida are very experienced in the mortgage industry, backed by significant private equity and have the advantage of not having any legacy systems or processes; everything is designed from scratch with you and your customer at the centre of their business.

Criteria Update - Lending in Scotland now available

Vida’s wide range of specialist products are now available to those purchasing or remortgaging Scottish residential and buy to let properties, which includes its limited company, houses in multiple occupation and portfolio propositions.

**Ltd Edition BTL Rates Through AToM**

  • Fees reduced to £1495 for loans up to £250,000
  • 5 Year Fixed rates reduced by 0.75%
  • Rates starting from 3.09%
  • Expat BTL Rates starting from 4.04%

**New Helping Hand Mortgage Through AToM**

  • Joint Borrower, Sole Proprietor
  • Can use parents income on children's cases for increased affordability
  • Available up to 90% LTV for FTBs
  • Available across the entire "Residential Plus" range
  • Available on Fee Saver plus range
  • Rates from 3.44%

**New Enhanced Vida Expat BTL Range through AToM**

  • Available to British Expats worldwide, including: Australia, America and Canada
  • Loans up to £1,000,000
  • Up to 75% LTV (inside the EEA)
  • Up to 65% LTV [minimum valuation of £150,000] (outside the EEA)
  • First Time Landlords accepted
  • HMOs and MUFBs accepted
  • No minimum income

**New Vida Premiere Range**

  • Residential
  • Rates from 2.89%
  • Up to 85% LTV
  • 90% LTV available for First Time Buyers
  • Loans up to £1,500,000
  • Buy to Let
  • Rates from 3.09%
  • Up to 80% LTV
  • Loans up to £1,500,000
  • Portfolio's now available up to £4mil with Vida (no max with other lenders)

Residential product range

First Time Buyers

  • Up to 85% LTV and product fee can be added
  • Full gifted deposits accepted
  • Any scheme, no first time buyer or additional rates

Fee Saver Range

  • **New** Free Valuations on Properties up to £500,000
  • **New** Refund of Valuation and Assessment Fee (max £650) on Properties over £500,000
  • **New** Refund of £49 of Assessment Fee
  • No product fee
  • Up to £650 valuation fee refund
  • Free standard legals on remortgages
Self employed

  • 1 year's verified accounts or SA302
  • Dividends and net profit included
  • Eligible for all products

Impaired and improving credit history

  • Small or life events allowable
  • Debt management plans considered

Borrowing in or into retirement

  • Maximum age 85 at the end of the term
  • Current income used if retirement more than 10 years away
  • Affordability includes 100% pension income

Interest only/part & part

  • Max 75% interest only on any scheme
  • C&I 'part' up to max scheme LTV
  • Allows own investment vehicle or downsizing

Buy together' mortgages

  • Up to 4 applicants accepted with all incomes considered
  • Main applicant minimum age 21

'Let to buy' - rent out & move

  • All products/schemes, up to 85% LTV residential, 80% BTL

Contractors & short work history

  • Current contract must be for a period of 6 months
  • More than 6 months remaining: minimum of 12 months employed in same line of work
  • Less than 6 months remaining: minimum of 2 years employed in same line of work

Right to buy purchase

  • Any product level up to 95% of the discounted purchase price. Same max loan limits and criteria
  • Flats up to 80% LTV
  • High rise considered

Minimum income £15k

  • For at least 1 applicant
  • Income from second jobs accepted - 12 months’ history required

Fixed & variable products available

  • Range of 2, 3 or 5 year fixed and variable rates
  • Full initial product terms from completion date

Buy to Let product range

Rental calculation

  • 125% rental can be topped up from 115% with surplus income
  • Based on higher of pay rate or 5.5% notional rate (5 year fixed on pay rate)
  • HMO only 130%

Ltd company/LLP - trading or SPV

  • Available on any trading limited company (e.g. builder) with minimum 1 year's accounts
  • Available on all products

Houses of multiple occupancy (HMO)

  • From 2 to 8 bedrooms
  • No additional rate or fee loading
  • Available on all products

Expats investing in UK

  • No requirement to currently own UK property
  • No additional rates or fees

Smaller deposit - 80% LTV

  • Pricing starts from 20% deposit (80% LTV)
  • Can have historical impaired credit or life event

Cascade underwriting

  • Cascade and manual underwriting with each case assessed on its own merit
  • Transparent tiers, selected on credit profile

Portfolio landlords

  • Maximum 15 properties with Vida Homeloans
  • Can be combined with other competitive BTL criteria (e.g. rental assessment and credit history)

Impaired credit history

  • Small or life events allowed
  • Up to 2 CCJs & 2 missed mortgage payments allowed up to 70% LTV

Rental top up

  • Will allow surplus income to top up rental income from 115% for single units only

Older and retired landlords

  • Interest only up to 80% LTV
  • Maximum age up to 95 at the end of the term (Ltd company)
  • No minimum income required

Consumer BTL not available. We will only accept borrowers who are intending to invest for capital growth or receive income from rental yield.

For more details on Vida Homeloans, contact our sales team on 01403 272625 (option 2) or email us at

Vida Home Loans

Submit a DIP

Complete our DIP form

Useful Links

Contact Details

All Types of Mortgages Limited

AToM House
24 Carfax

West Sussex
RH12 1EB

Phone: 01403 272625