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
Limited Edition Enhancements and Product Withdrawals
Limited Edition Enhancements and Product Withdrawal Notice
We will be enhancing our current Limited Editions on Tuesday 15th February, which will see the withdrawal of the current Limited Editions below with effect from 6.30pm on Monday 14th February.
Buy to Let – Limited Editions
> Standard 5-year 3.19%, £0 Fee Limited Edition
> HMO/MUB 5-year 3.19%, £1,995 Fixed-Fee Limited Edition
Transition arrangements
Decisions in Principle must be submitted, with product selected, by 6.30pm on Monday 14th February
For any new DIPs, or cases currently in the pipeline, all mandatory docs must have been uploaded with fees paid, and case progressed to ‘Application Received’ stage, by 8pm on Monday 21st February.
The new enhanced Limited Editions will be available from 10am on Tuesday 15th February.
NEW Buy to Let Limited Editions
We’re pleased to announce some exciting, new Buy to Let Limited Editions.
Our new Limited Edition products include options for personal ownership, limited company, HMO/MUB and limited company HMO/MUB.
All of the products are up to 75% LTV and on Vida tier 48.
- For landlords looking to maximise affordability:
> Standard, 1% Fee, max loan £1m – Initial pay rate: 2.99%
> Standard, Flat Fee of £1,495, max loan £1m – Initial pay rate:3.04%
For landlords looking for low upfront costs:
> Standard & HMO/MUB, Limited Edition Fee Saver, £0 fee, max loan £750k – Initial pay rate: 3.19%
Limited Edition Fee Saver product includes one free valuation for properties valued up to £1m. Plus, a £250 contribution towards legal fees paid within 30 days of completion.
All Limited Editions are available for purchase or remortgage.
As Limited Editions, these products may be withdrawn at short notice.
All of our products and rates including these new Limited Editions can now be viewed live on our website.