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Vida adds limited edition BTL and resi deals

Jake Carter

December 6, 2021

launch products limited edition

Vida has launched a suite of winter limited edition products, including a no fee, buy-to-let (BTL) product up to 75% loan-to-value (LTV).

The rate for the no-fee limited edition product is 2.94% and is fixed for 5-years.

Special purpose vehicles (SPVs) are accepted across all BTL ranges, and the deals are available for both purchases and remortgages, as well as for houses of multiple occupancy (HMOs) or multi-unit blocks (MUBs). The maximum loan for these products is £1m.

Vida has also launched a number of residential limited edition products. As well as a 90% LTV product, fixed for 2-years and at a rate of 4.44%.

The products are available for new purchases, including first time buyers and remortgages.

Richard Tugwell, director of mortgage distribution at Vida, said: “We are proud to continue evolving our product range to meet the complex needs of brokers and their customers.

“The specialist buy-to-let marketplace continues to see continued levels of interest from investors, developers and landlords who are looking to take advantage of rising tenant demand and a highly competitive lending environment.

“Residential market activity is also high and we are confident our limited edition winter deals will meet the needs of our intermediary partners and their customers.

“It also reinforces our commitment to offering greater opportunities for intermediaries and their customers locked out of high street lending.”


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