Vida Homeloans announces lowest ever rate of 2.69%

By Bridging Loan Directory 2nd June 2017

Vida Homeloans, the specialist mortgage lender for intermediaries, has today announced a new ‘Limited Edition’ range of residential and buy-to-let mortgages up to a maximum of 70% LTV, launching its lowest ever rates of 2.69% for residential business and 3.14% for buy-to-let business.

The ‘Limited Edition’ range is the most price-competitive yet for the criteria-driven mortgage lender. Of particular interest to residential remortgage customers will be Vida’s Fee Saver range, now available up to £1 million on a 2.99% 2 year fixed rate or 3.44% 5 year fixed rate, with no product fee, up to £650 valuation fee refunded and free standard legals on remortgages.

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 Limited Editions range is part of that commitment. We are delighted to be helping intermediaries source suitable products for their clients who have been underserved by the mainstream market.”