Vida launches £1,250 cashback offer
The initiative is designed to support first-time buyers with upfront costs such as moving expenses, white goods, or furnishing their first home.
Vida has unveiled a new cashback package across its residential and buy-to-let mortgage ranges.
Leading the charge is a £1,250 cashback available on residential products over 90% LTV, including its 3&Easy 97% LTV product.
In addition, Vida is offering £500 cashback on selected residential products at 75% LTV, across all tiers, and £500 cashback on selected buy-to-let products at 75% LTV on Vida 36, covering standard, HMO/MUB, expat, and the full fee saver range.
Vida has recently made enhancements to affordability and loan-to-income ratios, offering up to 7x income for applicants earning £60,000+ per annum, available up to 90% LTV.
Simon Chapman, head of group marketing at Vida, commented: "We’re proud to be expanding our offering to include cashback and supporting more borrowers at every stage of their journey.
"Whether it’s a first-time buyer needing help with initial costs or a landlord investing in their next property, these enhancements reflect our mission to make homeownership more accessible and inclusive.”
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