Vida Homeloans has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion. Vida’s rates are available here and details on Vida’s criteria is available here. For more information you can contact our team. LOGIN to Vida here
Brilliant Solutions Residential Packager Semi-Exclusive
We are delighted that Brilliant Solutions has access to our new 85% LTV Residential Packager Semi-Exclusive, available from Thursday 4th November.
We have extended availability to Vida tiers 1, 2 and 3 with 2 & 5 year fixed rate options.
TIER | 2 YEAR | 5 YEAR |
Vida 1 | 3.74% | 4.14% |
Vida 2 | 4.54% | 5.04% |
Vida 3 | 5.04% | 5.49% |
BTL Product Changes
We are pleased to announce the re-introduction of our HMO & MUB Limited Edition products and rate reductions on our BTL Expat products.
HMO & MUB LIMITED EDITIONS
- Fixed fee of £1,995, which can be added to the loan
- Up to 75% LTV
- 2 year fixed, 2.99%
- 5 year fixed, 3.24%
- Available to individual and Limited Company SPVs
- No limit on portfolio with other lenders
- Limited tranche availability
EXPAT
- Up to 75% LTV*
- 2 year fixed from 3.24%
- 5 year fixed from 3.44%
- Product Fee 1.5% (min £795) which can be added to the loan
- First time landlords considered up to £500,000
- HMO and MUBs accepted
- Available to individual and Limited Company SPVs
- We lend on properties across England, Scotland and Wales
*Australia max LTV 70%. Expat rates quoted based on borrowing of 70% LTV, 75% LTV also available.
Please see attached our new product guide which includes these changes.