Vida Homeloans has announced a further wave of improvements to its Buy‑to‑Let (BTL) proposition, introducing two significant policy enhancements designed to give brokers greater optionality and support portfolio‑building landlords.
Vida will allow intercompany loans as a source of deposit for BTL Special Purpose Vehicle (SPV) applications, where the applicant is an equal or majority shareholder in the trading company providing the funds. In addition, the lender has increased its aggregate exposure limit from £4 million to £7.5 million, providing substantially more headroom for portfolio landlords looking to scale up.
These latest changes follow a series of recent updates to Vida’s Foreign National criteria, reinforcing the lender’s commitment to improving access and flexibility for underserved segments of the market.
Key Enhancements
Intercompany loans are now accepted as a deposit source
Vida will now consider intercompany loans for BTL SPV applications, provided the applicant is an equal or majority shareholder in the trading company supplying the deposit. The change recognises the way many professional landlords structure their businesses and offers a pragmatic solution that better reflects real-world funding models.
Aggregate exposure limit increased to £7.5m
Vida has raised its maximum aggregate exposure per borrower from £4 million to £7.5 million, enabling larger-scale investors to place more of their portfolio lending under one roof. The uplift supports brokers working with established landlords seeking to refinance, consolidate, or expand.
Dani Hancock, Proposition Development Lead at Vida, said:
“These improvements are another important step in strengthening our BTL proposition. Allowing intercompany loans as a source of deposit reflects the way many professional landlords operate and gives brokers a straightforward route to placing more complex structures with us. Increasing our aggregate exposure limit to £7.5 million also means we can better support growing portfolios and long‑term investor ambitions.
"Our aim is to create a lending environment that works with, not against, the realities of today’s landlord market — and these changes form a key part of that mission.”
