REASONS TO USE VIDA
- Missed payments: They look at missed payments, but anything under £250 won’t count towards product tiering. If your customer has up to 3 missed payments of £250 plus in the last 6 months, they will be considered.
- Adverse: Applicants with more recent credit issues could still be eligible under Vida’s Packager Tier.
- CCJs and Defaults: both satisfied and unsatisfied CCJs are accepted across their products. CCJs and defaults under £250 are considered within affordability, however, they are excluded from product tiering.
- Repossessions: Past repossessions are considered if they were at least 6 years ago. With Vida’s Packager Tier, they can consider repossessions from 3 years ago.
At 3mc, we have a team of expert advisers who can discuss all your mortgage requirements. If you would like to discuss your options, give the 3mc team a call on 0161 962 7800.
All calls are recorded for training and monitoring purposes. 3mc for intermediaries only.
*Your home may be repossessed if you do not keep up repayments on your mortgage. 3mc (UK) Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register https://register.fca.org.uk/s/ under reference 302992. Please note: The FCA do not regulate Business Buy to Let Mortgages.
📱 0161 962 7800
📧 info@3-mc.com
🌐 www.3-mc.com
Please feel free to sign up to our Free Weekly Newsletter.