Vida introduces new BTL products
Vida Homeloans has announced the release of a series of new specialist mortgage products, including buy-to-let deals.
The products include a 75% loan-to-value five-year fix buy-to-let offering at 3.59%, which includes a £3,495 fee, along with a 75% LTV five-year fix HMO or HUB deal at 3.79%. The former product includes a £3,495 fee.
Louisa Sedgwick, director of sales at Vida Homeloans, said: “At Vida, we are continuously looking at ways to add choice and variety for brokers and their clients.
“At a time when the traditional idea of the ‘perfect’ borrower is becoming increasingly unrealistic, specialist lending has been vital in supporting the modern mortgage market and enabling buyers to achieve that longed for first home or investment property.
“Innovative, creative and out the box thinking is a crucial element needed to drive the market forward and provide solutions for those underserved by the high street banks.”