Vida Homeloans expands intermediary distribution

Published on

Vida Homeloans has expanded its distribution partners to include selected networks and mortgage brokers. 

The brokers and networks comprise of selected Legal & General Mortgage Club Key Partners and Nouveau members, Intrinsic, Sesame and SimplyBiz.

“Vida has received an overwhelmingly positive response from the market, and we are thrilled at how well the launch has gone thus far,” said Guy Batchelor, sales and marketing director at Vida Homeloans.

“We are fully committed to becoming a meaningful lender in the specialist sector and making a positive difference to borrowers in achieving their financial goals.

“Being 100% intermediary driven, our partnerships with brokers and networks are of paramount importance to us and we are continually listening to their feedback.  Our goal is to ensure our product proposition, our technology and our service to intermediaries is as compelling as possible.  One of Vida’s key strengths is the breadth of criteria we offer in the specialist mortgage sector.”

He added: “We fully intend to continue to invest in our business to ensure we’re consistently meeting the needs of the ever-changing market, and we look forward to building on what has so far been a very encouraging market entry.”

Jeremy Duncombe, director of Legal & General Mortgage Club, said: “We always work hard to add value to our members, and are therefore delighted to add Vida Homeloans to our panel. We have been working with the team there for quite a period of time now, helping them shape their products and customer proposition.

“Vida will provide more choice and competition in the specialist sector, helping brokers to provide holistic solutions to a wider range of clients.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Aldermore unveils new limited edition five-year BTL products

Aldermore has launched a pair of limited edition five-year buy-to-let mortgages for landlords, with...

AMI calls on advisers to take part in protection survey

The Association of Mortgage Intermediaries (AMI) has launched its annual survey of mortgage and...

Broker confidence holds steady as mortgage market cools

Confidence among mortgage brokers held firm in the second quarter of the year despite...

The Suffolk cuts expat mortgage rates amid rising demand

Suffolk Building Society has cut rates across its expat mortgage range, with reductions of...

ModaMortgages unveils eight new limited edition deals

ModaMortgages has expanded its buy-to-let range by launching eight limited edition products at 80%...

Latest publication

Latest opinions

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of...

Other news

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years...

Aldermore unveils new limited edition five-year BTL products

Aldermore has launched a pair of limited edition five-year buy-to-let mortgages for landlords, with...