We’re pleased to announce our four new exciting products, as part of our ‘Summer Headliners’ campaign. These new products are:

VIDA 1 BTL 5 YEAR 75% LTV – 3.54%

  • Also available on a Fee Saver basis at 3.64%;
  • An initial rate reduction of 0.15% on our existing product;
  • This 75% LTV product will be lower than our current 70% rate, and therefore brokers will see the 75% product even if applying for an LTV below 70%;
  • Will not be offered as a PLUS variation (see below for HMO/MUB deal) nor in combination with the reduced 1% fee.

VIDA 1 BTL 5 YEAR 75% LTV £3,495 FEE FOR LARGER LOANS –  3.59%

  • A fixed fee on loans up to a maximum of £500k. For example, on a loan of £450k, a fixed fee of £3,495 represents a fee saving of £3,255 to the borrower compared to the 1.5% fee currently charged;
  • Minimum loan size £250,000;
  • This 75% LTV product will be lower than our current 70% rate, and therefore brokers will see the 75% product even if applying for an LTV below 70%;
  • Will not be offered as a PLUS or Fee Saver variation.

VIDA 1 BTL 5 YEAR 75% LTV HMO & MUB ONLY – 3.79%

  • Also available on a Fee Saver basis at 3.89%;
  • This 75% LTV product will be lower than our current 70% rate, and therefore brokers will see the 75% product even if applying for an LTV below 70%;
  • Will not be offered in combination with the reduced 1% fee;
  • Will not be available to FTBs that otherwise share the PLUS range products. Only HMO and MUB applications will see this product.

VIDA 1 RESIDENTIAL  2 YEAR FIXED 70% LTV REMO – 3.24%

  • Available for Remortgages only;
  • An initial rate reduction of 0.15% on our existing Fee Saver product;
  • This will only be offered as a Fee Saver product.

We have created four flyers, one for each of these new products, and these can be downloaded from our Summer Headliners Product Page.