Vida mortgage book hits £3bn

Vida Group’s mortgage book has hit £3bn in size, the lender has revealed in a trading update for the first half of the year.

In this time, gross mortgage lending increased to £840m and more than double the £348m it lent in the first half of 2025.
Vida also improved its net interest margin to 2.34%, up from 2.13% at the halfway point in 2025, in reflection of the lender’s funding mix.

Vida has also achieved pretax profit of £4,8m for the period.

The quality of the lender’s loan  book has also improved, with only 1.7% of its loans in over 90 days of arrears.

This is compared to 2% at the end of 2025.

Vida’s growth has come from accelerated investment in technology, data and AI which the lender’s executive leadership see as providing a durable competitive advantage in the long term.

“AI is not a standalone initiative for Vida,” said Anth Mooney, CEO at Vida Group (pictured above).

“It is another powerful capability that is being embedded into every stage of our operating model to augment expert judgement, improve consistency, and unlock scalable growth.

“We remain disciplined, ambitious, and excited about the opportunities ahead.

“The momentum we have created during the first half of the year gives us confidence that we are building a business capable of delivering sustainable long-term value for customers, colleagues, brokers, and shareholders.”