Vida launches new BTL limited edition product

The two-year product is available up to 75% LTV at 5.19%

Vida launches new BTL limited edition product

Specialist lender Vida Homeloans has launched a new limited edition buy-to-let product, accepting first-time landlords and limited company ownership structures.

The two-year product, which comes with a 3% product fee, is available up to 75% loan-to-value (LTV) at an initial rate of 5.19% for loan sizes of £50,000 up to £1 million.

The limited edition BTL mortgage, also available on individual units, is backed by Vida’s Service Pledge, which allows brokers to request a refund of the £180 application admin fee if they feel they have not received excellent service.

As a limited edition, the lender said the product may be withdrawn at short notice.  

Earlier this year, Vida also introduced limited edition fixes across its standard buy-to-lets and houses in multiple occupation.

The lender’s latest BTL product guide, accessible online, contains the full details of the lender’s buy-to-let products, including the new limited edition one.

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