Vida launches new range of limited edition mortgage products

Vida, the specialist lender, has launched a new range of limited edition products.

New 2- and 5-year products are available up to 65% loan-to-value (LTV) across buy-to-let (BTL) and residential on the Vida 36 tier.

The BTL products are available on standard, houses of multiple occupancy (HMO) and multi-unit blocks (MUBs) with a fixed fee of £4,995.

Initial rates start at 6.79% on a 2-year fixed and 6.44% on a 5-year fixed.

Residential product initial rates are 7.19% on a 2-year fixed and 6.94% on a 5-year fixed, with a £995 fee.

All products are backed by Vida’s Service Pledge, which allows brokers to request a refund of the £180 application admin fee if they feel they have received anything but excellent service.

Helen Cawthra (pictured), head of intermediary relationships at Vida, said: “We are pleased to be able to offer a new range of limited edition products to both landlords and homeowners, providing more options to our intermediary partners and their clients.

“For landlords, our BTL limited edition with a fixed fee of £4,995 could also help those looking to borrow larger amounts.”

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