Related topic: Vida

Simon Chapman, group head of marketing at Vida Bank, explores why lending into or in retirement is increasingly becoming a mainstream consideration rather than a specialist niche.

The enhancement allows residential mortgages to be split between capital and interest and interest-only repayment methods within a single mortgage.

Refreshed later life lending criteria designed to give brokers greater certainty and flexibility when supporting customers at every stage of homeownership.

Vida will now accept buy-to-let SPVs where the applicant company is a subsidiary of a parent company.

20 new residential products include fee-saver and foreign national options.

The lender has also made a number of residential criteria enhancements targeted at borrowers with complex income streams.

The specialist lender has introduced new fee saver and cashback options.

The lender has strengthened its specialist residential proposition with a series of criteria enhancements.

Vida will now allow intercompany loans as a source of deposit for SPV applications.

The enhanced policy broadens eligibility for buy-to-let applicants, particularly those with mixed residency statuses or without indefinite leave to remain.