Vida enhances mortgage range with 7x LTIs and new 95% LTV product

Vida Homeloans has announced a series of enhancements to its mortgage proposition.

Vida now offers lending up to 7x loan-to-income (LTI) for applicants with a minimum income of £60,000 per annum, up to 90% LTV. 

Recognising the need for broader access to higher LTI borrowing, Vida has reduced the minimum income requirement from £60,000 to £40,000 per annum for customers seeking to borrow at 4.5x LTI and above (to a maximum of 6 times). 

Vida is also introducing 95% LTV products on the Vida 6 credit tier, offering specialist support for borrowers with recent adverse credit histories. 

In addition to these affordability enhancements, Vida is reducing rates across its product range. Rates are being cut by up to 0.59% on buy-to-let products and up to 0.65% on residential mortgages.

Ross Williams, head of product management at Vida Homeloans, commented: “These enhancements are always more than just product updates — they’re a reflection of our purpose. At Vida, we believe everyone deserves the opportunity to find a place to call home. By expanding our criteria and introducing new solutions, we’re making that belief a reality for more people every day.”