Following Vida’s successful entry into the first charge mortgage market, with 8,000 intermediaries now registered to do business and over £400m in mortgage completions in its first year of trading, the lender has moved its HQ to larger premises in Staines-upon-Thames.
Additionally, Vida has also achieved its first securitisation and is conducting a pilot in the second charge mortgage market, offering a range of secured loans through selected brokers.
Vida Homeloans sales and marketing director Guy Batchelor commented: “We are presently in full recruitment drive, as we look to build on 2017’s success by more than doubling the lending volumes in 2018. Our new head office will give us space to increase our workforce and service a growing number of intermediaries who are using Vida as their specialist lender of choice.”
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