Vida launches new limited edition buy-to-let product
The lender has launched a limited edition twio-year product available up to 75% LTV.
Vida has launched a new limited edition buy-to-let product.
The two-year product is available up to 75% LTV at an initial rate of 5.19%.
The product is available on Vida Tier 48, with first-time landlords welcomed and limited company ownership structures accepted.
The product is available for loan sizes of £50,000 up to £1m and comes with a 3% product fee. It is available on individual units.
The limited edition product is backed by Vida’s Service Pledge, which allows brokers to request a refund of the £180 application admin fee if they feel they have received less than excellent service.
The specialist lender launched V-Hub last year, which allows brokers to speak directly to experts and underwriters throughout their application.
Calls to the V-Hub are answered on average within 10 seconds and emails responded to in four hours.
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