Vida Homeloans has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion. Vida’s rates are available here and details on Vida’s criteria is available here. For more information you can contact our team. LOGIN to Vida here
Product Withdrawal Notification
Ahead of product changes effective Thursday 18th September, we will be making two separate product withdrawals over the coming days that we want to give you advance notice of:
Change 1
Three of our New Business BTL Limited Edition products will be withdrawn at the close of business, Monday 15th September at 5.00pm:
- 2 Year fixed, Vida 36, 75% LTV Core Product with 5% fee at 2.82%
- 5 year fixed, Vida 36, 65% LTV Core Product with 7% fee at 3.71%
- 5 year fixed, Vida 36, 75% LTV Core Product with 7% fee at 3.76%
All other products (including other Limited Edition products) will remain unchanged.
Transition arrangements
For the impacted products, Decisions in Principles, with products selected, must have been completed by 5.00 pm on Monday 15th September.
For any cases currently in the pipeline, for the products affected, all mandatory documents must have been uploaded with fees paid, and case progressed to ‘Application Received’ stage, by 5.00pm on Monday 22nd September, Where either the fee has not been paid or the mandatory documents have not been uploaded, the case will be returned to the DIP stage, and a new product will need to be selected.
Change 2
All Other New Business and all Product Transfer Products will be withdrawn at close of business, Wednesday 17th September at 5:00pm.
Transition arrangements
For the impacted products, Decisions in Principles, with products selected, must have been completed by 5.00 pm on Wednesday 17th September.
For any cases currently in the pipeline, for the products affected, all mandatory documents must have been uploaded with fees paid, and case progressed to ‘Application Received’ stage, by 5.00pm on Monday 22nd September, Where either the fee has not been paid or the mandatory documents have not been uploaded, the case will be returned to the DIP stage, and a new product will need to be selected.
Product Transfers
An offer must be produced on the Product Switch Portal by 5.00pm on Wednesday 17th September.
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Intermediary Portal
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Product Switch Portal