Vida Homeloans launches residential and buy-to-let range
Specialist lender Vida Homeloans has launched a ‘Vida Premier’ range for residential and buy-to-let mortgages.
Rates start at 2.79% up to 70% LTV for specialist residential business and 2.89% up to 70% LTV for specialist buy-to-let business. Maximum LTVs are 85% for residential and 80% for buy-to-let.
Louisa Sedgwick, director of sales – mortgages at Vida Homeloans, said: “Vida Homeloans is committed to offering flexibility and value to both residential and buy-to-let customers, and the Vida Premier range is part of that commitment.
“Last week we announced new criteria such as maximum 90% LTV for first-time buyers and a £4m maximum loan for buy-to-let portfolios.
“Now our new Vida Premier range also offers attractive rates to those customers with appropriate credit records.”
The range is available for customers with slightly impaired credit histories (no CCJs or defaults in the last three years), and follows recent criteria changes.