Vida Homeloans has launched a new range of high loan-to-value (LTV) residential mortgages, named Pathway.
The Pathway range offers products at 90%, 95% and 97% LTV, available with two- or five-year fixed rates.
For a limited time, all products in the range come with no assessment fee, and many include cashback options of up to £1,250 payable on completion.
The lender has also made fee saver options available with no product fee and a free valuation.
As part of the Pathway range, Vida has introduced new two-year fixed rate Limited Edition residential products, available up to 95% LTV.
These will also benefit from cashback options and the Pathway no assessment fee offer.
In addition, Vida has made rate reductions across residential and buy-to-let products, as well as further enhancements to its application process.
It has removed the requirement for rental evidence on Right to Buy cases and will no longer require business plan for BTL portfolio landlord application.
Other enhancements include the reintroduction of a Professional Consultant’s Certificate (PCC) as an acceptable form of certification, provided it is issued by a suitably qualified professional consultant and a revised cohabitation policy, including married couples.
Vida Homeloans head of mortgage product management Ross Williams says: “The new Pathway range makes the route to homeownership even more achievable for First Time Buyers.”
“With high LTV options available with a deposit from just 3%, a choice of 2 and 5-year fixed rates, specialist products for Foreign Nationals up to 90% LTV, no assessment fees for all products above 85% LTV, and attractive Cashback incentives, Pathway helps to get life moving – especially for those taking their first steps into homeownership.”
Vida Homeloans head of underwriting James Thornton adds: “We’ve made a raft of improvements behind the scenes to make our application process as efficient and streamlined as possible.”
“Brokers will enjoy the benefit across a range of case types, whether residential or buy-to-let. We remain committed to continually enhancing our broker journey, with many more improvements planned for 2026.”
