Vida Homeloans has relaunched a range of buy-to-let and residential products to the market.  

The specialist lender says its BTL loans range from £100,000 to £1m for landlords, individual purchasers or through special purpose vehicles, first-time buyers and expats.   

The types of properties that qualify for these deals consist of individual units including flats, flats above commercial units, ex-local authority, houses in multiple occupation and multi-unit blocks.  

Products have a maximum loan-to-value of 80% for individual units, houses in multiple occupation and multi-unit blocks, and 75% LTV for expats. Rates range from 5.9% to 6.24%, with no early repayment charges during the first two years of the variable term.  

The lender’s residential range is available for loans from £75,000 to £2m, with products available to all customers, including purchase, remortgages, FTB, debt consolidation and capital raising, as well as the full range of properties.   

Initial rates range from 5.49% up to 6.34%, with 75% to 85% LTV for FTB’s, purchase, remortgage and available across all adverse tiers.  

Loan terms range from five years up to 40 years across BTL and residential ranges.  

The move comes after new Chancellor Jeremy Hunt this week reversed the vast majority of tax cuts announced in September’s mini-budget, although the stamp duty cut for house purchases remains.         

Last month’s tax statement led to more than a thousand products being pulled as lenders worked out how to reprice loans as the cost of debt for the government and companies lifted on international money markets, following former Chancellor Kwasi Kwarteng’s tax-cutting fiscal event.     

Also, last week, Vida Homeloans said it was considering staff redundancies as part of a strategic review, as the firm aims to beef up its “intermediary experience” and improve access to underwriters.