Vida Homeloans expands packager panel after pilot

They join existing members 3mc, Buy to Let Club and Residential Home Loans.

Vida Homeloans is adding nine packagers to its panel including Active Investments, All Types of Mortgages, Brightstar, Complete FS, Connect for Intermediaries, The Mortgage Trading Centre, Platinum Options, Solent Mortgage Services and TFC Homeloans.

They join existing members 3mc, Buy to Let Club and Residential Home Loans.

Guy Batchelor (pictured), Vida Homeloans sales and marketing director, said: “Our launch pilot went extremely well and it is testament to the hard work of our team and our partners that we are now ready to move to the next stage.

“A big thank you from us to the principals and staff at 3mc, Buy to Let Club and Residential Homeloans for their support. We have proved to be an exciting new lender for intermediaries, as evidenced by the volume of business secured already. We are pleased to be helping intermediaries source suitable products for their clients who have been underserved by the mainstream market.

“We are extremely excited about the future of Vida Homeloans, helping customers achieve their financial goals and making a real difference in the intermediary mortgage market. We look forward to sharing more news when we can.”

Ying Tan, managing director of the Buy to Let Club, said: “Vida’s pilot has gone well from our perspective and I’m not surprised that Vida now wishes to expand its distribution. They have an online system that is responsive and rich in functionality, some very attractive criteria and USPs in their product range and a good, reliable service proposition. We’ll be utilising them more and more for our specialist buy-to-let cases in the future.”