Vida Homeloans launches new Premier range

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Rates starting at 2.79% for residential mortgages and 2.89% for buy to let

Vida Homeloans, the specialist mortgage lender for intermediaries, has today announced its new ‘Vida Premier’ range consisting of both 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.

Vida’s new range of low rates come hot on the heels of major criteria changes announced last week.

Louisa Sedgwick, Director of Sales – Mortgages, Vida Homeloans comments:

“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 £4 million maximum loan for BTL portfolios. Now our new Vida Premier range also offers attractive rates to those customers with appropriate credit records.”