The relationship gives the 220 member firms of Personal Touch access to Vida’s impaired and improving credit products up to 85% LTV, and specialist buy-to-let range, including products for multi-unit blocks up to 5 units and HMOs up to 8 bedrooms with no additional rate loading or fee.
Vida Homeloans has been appointed to Personal Touch Financial Services’ panel of lenders to provide specialist residential and buy-to-let mortgages to clients of the adviser network.
The relationship gives the 220 member firms of Personal Touch access to Vida’s impaired credit products up to 85%loan-to-value, and specialist buy-to-let range, including products for multi-unit blocks up tofiveunits and HMOs up toeightbedrooms with no additional rate loading or fee.
Louisa Sedgwick, director of sales at Mortgages at Vida Homeloans, said: “We are thrilled to be working in close collaboration with Personal Touch to offer its network members a range of specialist mortgage solutions targeted at borrowers who are overlooked by the mainstream lenders, including the recently self-employed or contractors and first-time buyers who need gifted deposits.
“Vida Homeloans also offers a ‘buy together’ range of residential mortgages, which enables up to four applicants to purchase a home together.
“Our buy-to-let range caters for expats, limited companies, SPVs andportfolio landlords who wish to finance up to 15 properties/£2m with Vida Homeloans and have up to 50 properties in total.”
Vikki Jefferies, head of propositions at Personal Touch, added: “I’m delighted that Vida Homeloans have become the latest addition to our market-leading lending panel.
“Vida Homeloans’ expertise in specialist residential and buy-to-let will provide our brokers with solutions and flexibility to help clients in a variety of circumstances.”
