Vida Homeloans return to market?

Miraclehome2020

Me the only update I have had today from my MB is that valuation was satisfactory  and it will be with underwriters 34 working days from the date we applied which was beginning of November. 

mariesch1

Amy32 said:

mariesch1 said:

Amy32 said:

AJ1907 said:

Apparently Vida are shut from 23rd Dec to 4th of January, despite their website saying otherwise. I assume there have been no new offers on the forum?

No. Our mortgage advisor said today we should hear something but doesn’t look like it now as it’s 5. 

Have you had any news from anyone today had my fingers crossed for you for good news for Xmas.

No unfortunately 😢 another couple of weeks now! 

Oh no. Hopefully straight after Xmas then. We lost hope like you are as ours went in on 5th Oct and we didn't receive our offer until 4th December we are due to complete on 16th January that's only because of the change of circumstances form, Xmas, and the sellers not providing documents properly. Don't give up hope i know its hard

Amy32

mariesch1 said:

Amy32 said:

mariesch1 said:

Amy32 said:

AJ1907 said:

Apparently Vida are shut from 23rd Dec to 4th of January, despite their website saying otherwise. I assume there have been no new offers on the forum?

No. Our mortgage advisor said today we should hear something but doesn’t look like it now as it’s 5. 

Have you had any news from anyone today had my fingers crossed for you for good news for Xmas.

No unfortunately 😢 another couple of weeks now! 

Oh no. Hopefully straight after Xmas then. We lost hope like you are as ours went in on 5th Oct and we didn't receive our offer until 4th December we are due to complete on 16th January that's only because of the change of circumstances form, Xmas, and the sellers not providing documents properly. Don't give up hope i know its hard

Oh I hope we hear something straight after Christmas then as ours went in the week after you! 

sirjp82

Well we finally moved in to our new house yesterday. My honest review with Vida is it’s frustrating. And you need to push them or broker.  

If you get same update use their complaints@vidahomeloans.co.uk
.
Once it gets to the underwriting stage things do seem to move quickly 

Ismaimran

sirjp82 said:

Well we finally moved in to our new house yesterday. My honest review with Vida is it’s frustrating. And you need to push them or broker.  

If you get same update use their complaints@vidahomeloans.co.uk
.
Once it gets to the underwriting stage things do seem to move quickly 

Aww congratulations..I bet your relieved. Yes it's very frustrating you just dont know if you coming or going lol. Did there ask for any other info after underwriting etc

Ismaimran

Miraclehome2020 said:

Me the only update I have had today from my MB is that valuation was satisfactory  and it will be with underwriters 34 working days from the date we applied which was beginning of November. 

I am on same timescale as yourself...have you been asked for additional documents after u have submitted full application 

sirjp82

Ismaimran said:

sirjp82 said:

Well we finally moved in to our new house yesterday. My honest review with Vida is it’s frustrating. And you need to push them or broker.  

If you get same update use their complaints@vidahomeloans.co.uk
.
Once it gets to the underwriting stage things do seem to move quickly 

Aww congratulations..I bet your relieved. Yes it's very frustrating you just dont know if you coming or going lol. Did there ask for any other info after underwriting etc

Yeah just upto date bank stats and wage slips.  That’s about it 

Emeljay19

Hi All
Ive tried to have a break over Christmas and not looked or checked anything Vida related! 

Any success stories?
We have had to increase our deposit as Vida will not take my partners pay rise into consideration despite a letter from his employer and 2 upto date payslips. Anyway, we’re very lucky in that my partners parents have gifted us some money which we are using to increase the deposit. 

Sent proof of deposit across today and most recent payslips and bank statements. Our application was originally made in September and we were supposed to complete 30/11/20. Ive had to raise a huge complaint with the builder as they recommended my broker, who in turn recommended Vida as we had an AIP in progress with Bluestone. Builder had agreed to give us until 29th Jan now but I’m having kittens over the looming lockdown and if Vida will even give us the mortgage offer in time. 

So stressful, I am very close to just giving in I have to say 😫

Amy32

We have had the unfortunate news today that they declined our application! After 12 weeks it’s a bloody joke. They said its because my husband had been furloughed last year (has been back since early November which was their criteria) and that means his job could be at risk in the future?! So frustrating. And why did it take them 12 weeks to decide that. Why say you will lend to furloughed applicants and give you forms to fill out showing you are back to work etc if you just get declined at the end of it! 

Sophielucia22

Amy32 said:

We have had the unfortunate news today that they declined our application! After 12 weeks it’s a bloody joke. They said its because my husband had been furloughed last year (has been back since early November which was their criteria) and that means his job could be at risk in the future?! So frustrating. And why did it take them 12 weeks to decide that. Why say you will lend to furloughed applicants and give you forms to fill out showing you are back to work etc if you just get declined at the end of it! 

Sorry to hear that! Totally get your frustration, we was declined in December after waiting 2 months. Have you got any other options? We currently have an application in with another lender now