Vida offers free legals for residential remortgages

Vida Homeloans has added free legals for residential remortgages on its Fee Saver product range.

Related topics:  Mortgages
Rozi Jones
2nd May 2017
Louisa Sedgwick Vida

As well as free legals the range now offers refund of valuation & assessment fee after completion (up to £650) and no product fees.

Vida has also announced an increase of 5% to the maximum LTV on Vida 3, Vida 4, Vida 5 and Vida 6 products, available to borrowers with impaired credit history.

Louisa Sedgwick, Director of Sales, Mortgages at Vida Homeloans, commented: “We’ve received a fantastic response from the market for our residential Fee Saver range and are delighted to be able to enhance it further by adding free legals for remortgage cases with no additional cost to the customer.

"Our rapid growth in the specialist residential and buy to let mortgage sectors has been based on feedback from brokers, packagers and networks and this response to market demand makes our Fee Saver range even more attractive, particularly when combined with our flexible lending criteria and increased LTVs.”

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