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Vida refreshes product range

BTL

Vida Homeloans has launched a new selection of residential and buy-to-let products.

The lender is offering a 75% loan-to-value buy-to-let fee saver at 3.64% with an assessment fee of £49 and £200 contribution towards legal fees.

There is also a product at 3.54% with a £1,995 fee, while for loans over £250,000 a 1.5% fee applies.

Louisa Sedgwick, director of sales, mortgages at Vida Homeloans, said: “Innovative, creative and out the box thinking is a crucial element needed to drive the market forward and provide solutions for those underserved by the high street banks, and we hope our summer headliners will help to achieve that goal.”

Vida is launching a 75% LTV buy-to-let product for large loans at 3.59% with a fee of £3,495, as well as a 75% LTV house in multiple occupation (HMO) and multi-unit block (MUB) special product, with a 5 year fixed rate of 3.79% (and a fee saver option at 3.89%).

Vida will also offer a 2-year fix residential remortgage to 70% of 3.24%, offering free valuation, free standard legals, a £49 assessment fee and no product fee.


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