Vida launches limited edition resi, BTL loans Mortgage Finance Gazette

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Vida has launched a range of limited edition landlord and residential products. 

The specialist lender says the two- and five-year products are available at up to 65% LTV as a buy-to-let loan and on its residential Vida 36 tier. 

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

Initial rates start at 6.79% on a two-year fix and 6.44% on a five-year deal. 

Residential product initial rates are 7.19% on a two-year fix and 6.94% on a five-year offer, with a £995 fee. 

Vida head of intermediary relationships Helen Cawthra says: ‘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.”  

The firm adds that as these are limited edition deals, they may be withdrawn at short notice.