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
New Limited Edition products
BUY TO LET
New: LIMITED EDITION Standard & HMO/MUBs BTL – Fixed Fees £1,495 and £1,995
Key features :
- Fixed fee which can be added to the loan
- SPVs accepted
- Available for purchases or remortgages
- Limited Tranche Availability
Flat Fee options
Product | LTV | Initial rate | Type | Product Fee | Max loan |
5 year fixed | 75% | 3.04% | Standard | £1,495 | £1m |
3.19% | HMO/MUB | £1,995 |
£0 Fee option for standard Buy to Let only
Product | LTV | Initial rate | Type | Product Fee | Max loan |
5 year fixed | 75% | 3.19% | Standard | £0 | £1m |
RESIDENTIAL
New : Residential 90% LTV Limited Editions
- Available for properties in England, Wales and Scotland
- Available on Vida 48 and 36
- Available for Home Movers, Remortgages or FTBs
- Standard option with product fee £995
- Fee Saver option with £0 product fee, one free valuation on properties valued up to £500k and a £250 contribution towards legals paid on completion
- £180 assessment fee payable upfront on application
- Limited Tranche Availability
Standard
Product | LTV | Initial rate | Type | Product Fee | Max loan |
2 year fixed |
90% | 3.89% | Standard – Vida 48 |
£995 |
£400k |
4.39% | Standard – Vida 36 |
Fee Saver
Product | LTV | Initial rate | Type | Product Fee | Max loan |
2 year fixed |
90% | 4.49% | Standard – Vida 48 |
£0 |
£400k |
4.89% | Standard – Vida 36 |
Expats with Vida
Did you know that we have recently expanded our Expat countries list for those living and working abroad?
In addition to our range, we have added India, Malaysia, Saudi Arabia and Singapore.
This expansion adds to the 41 countries worldwide currently accepted by Vida. And customers in these locations can apply for a BTL mortgage up to 75% LTV.
- Minimum property value required is £150,000
- UK registered SPVs are considered where at least one director or shareholder is an expat
- HMOs and MUBs considered
- No minimum income required if the property is self-funding
- Maximum loan size £1m
- Properties across England, Wales and Scotland
- Fee Saver and Flex options available on Expat range
Download link to our new Expat flyer here