Vida Homeloans and Mortgage Intelligence have announced a new tie-up, allowing Mortgage Intelligence members access to Vida’s specialist residential mortgage range.

Vida, a specialist lender based in Staines which aims its products towards residential and buy-to-let customers who may not fit the criteria of high street banks, has been appointed to the Mortgage Intelligence panel of lenders for both network and club members.

Its mortgage range includes 2 year variable rates from 2.99% and a Fee Saver option with no product fee and refund of the valuation fee up to £650.

“We are thrilled to be working in close collaboration with Mortgage Intelligence to offer its network and club members a range of niche mortgage solutions targeted at borrowers who are overlooked by the mainstream lenders, including the recently self-employed, borrowers in or approaching retirement and those with impaired and improving credit profiles,” Louisa Sedgwick, Director of Sales and Mortgages at Vida Homeloans, said.

Her warm words were matched by Sally Laker, Managing Director of Mortgage Intelligence, who said of the new relationship: “Vida Homeloans is an excellent addition to our lender panel. The specialist residential mortgage sector is set to grow this year and Vida’s criteria-driven product range answers the demand from our network and mortgage club members for a greater choice of specialist mortgage products to help clients that have been unable to secure mortgage finance elsewhere.”