Vida has added limited edition buy-to-let (BTL) products across individual BTL units and houses of multiple occupancy/multi-use building (HMO/MUB) properties.

The two products have lower initial rates and higher product fees, which the specialist lender says provides the option for borrowers to maximise loan size and affordability.

The products offer a 75% loan-to-value (LTV) on a five-year fix with a 6% fee and will be available on the Vida 36 tier.

The individual BTL product has a rate of 4.84% with the HMO/MUB product at 5.04%.

Vida says the products are suitable for both individual landlords and limited company special purpose vehicles (SPVs).

Vida head of intermediary relationships Helen Cawthra says: “As a lending specialist, we continually seek ways to support our intermediary partners. These new limited editions will allow a variety of landlords to access products with a lower rate that suits their specialist requirements, with the stability of a five-year fix.”