Vida, the specialist lender, has launched a range of residential and buy to let fixed rate products following on from the recent relaunch of variable products.
The residential range is available for both First Time Buyers and home movers as well as remortgages including capital raising for debt consolidation. With maximum loan sizes of up to £2,000,000, rates start at 8.09% for a two-year and 7.69% across a five-year term. Loan to value (LTV) options are 75% and 85% and being available across all adverse tiers makes the products suitable for those that may have experienced missed payments or CCJ’s in recent years.
The buy to let range includes products for both amateur and professional landlords, those wanting to purchase or remortgage HMOs and MUBs, and expats in a wide range of countries across the world. Allowing a broad range of property options including flats above commercial units, ex – Local Authority flats, HMOs and MUBs, loans are available up to a maximum of £1,000,000. Two and five-year fixed rates start at 7.49%, with LTV up to 80%, and 75% for expats.
