Vida has launched new residential and buy-to-let (BTL) mortgage products on a limited edition basis.
In the residential category, the lender has launched a 90% LTV two-year fix at 4.44% for purchase and remortgage, as well as making a number of rate reductions at 705 LTV.
And in its BTL line-up, Vida has introduced a 75% LTV five-year fix at 2.94% with zero fee for purchase and remortgage and for houses in multiple occupancy or multi-unit blocks. Special purchase vehicles are accepted, the lender adds.
Vida director of mortgage distribution Richard Tugwell says: “The specialist BTL marketplace continues to see continued levels of interest from investors, developers and landlords who are looking to take advantage of rising tenant demand and a highly competitive lending environment.
“Residential market activity is also high and we are confident our limited edition winter deals will meet the needs of our intermediary partners and their customers.
“It also reinforces our commitment to offering greater opportunities for intermediaries and their customers locked out of high street lending.”
