Vida has added two products to enhance its range with limited-edition buy-to-let (BTL) products across standard BTL and houses of multiple occupancies (HMOs).

The two products have lower initial rates and higher product fees to provide the option for borrowers to maximise loan size and affordability.

Available on the Vida 48 tier, the products offer a 75% loan-to-value (LTV) on a five-year fixed rate, with a 3% fee.

The standard BTL product has a rate of 5.24% with the HMO product at 5.44%.

The new products are available to first-time or portfolio landlords and up to four applicants with combined incomes.

They are also suitable for individual landlords or for day one limited company special purpose vehicles.

The lender says as limited editions, these new products have a restricted tranche size and may be withdrawn at very short notice.

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