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Vida Homeloans
Joined 22/03/22
Posts 26
– Message
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Criteria wrap-up:
Specialist Properties
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We've made a whole bunch of criteria enhancements so far this year to help you help more customers. Here's a wrap-up of the enhancements we've made around specialist properties.
| Summary of changes |
| HMOs and MUBs |
- No prior landlord experience considered for all BTL applications, now including HMOs and MUBs
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| Property Types |
- Properties adjacent to public houses and petrol stations now considered
- Right to Buy properties accepted across all tiers
- Enhanced acceptance and consideration of non-standard property types
- Properties with Possessory Titles now considered
- Commercial element of mixed-use properties now allowed up to 40%
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| Flats |
- No cap on number of floors in a block
- Lift no longer required even where 4+ floors
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| Extended postcodes |
- Now covering additional postcodes in Scotland
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Let's get life moving for you and your customers.
Take a look at all the latest changes using the button below.
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Residential | Buy to Let | Criteria | Calculators | Documents
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Vida Homeloans is a trading style of Belmont Green Finance Limited, registered in England and Wales No. 09837692. Registered office: 1 Battle Bridge Lane, London SE1 2HP. Belmont Green Finance Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Firm Reference Number 738741.
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