New Helping Hand Mortgage from Vida Homeloans

Posted by wisemarketing on July 4, 2018

The Helping Hand mortgage from Vida Homeloans has been designed to allow parents to join their child on the mortgage (and to have their income taken into account as part of our affordability assessment) without being on the title deeds and jointly owning the property. This type of mortgage is known as Joint Borrower Sole Proprietor.

Vida is the first specialist lender to offer such a product, which is available up to a maximum of 90% LTV for FTBs, can be combined with gifted deposits, the self-employed and a maximum of four applicants buying together, across the wide range of Vida's Plus rates and specialist lending criteria.

Click here to view the Product Guide