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Vida launches specialist residential mortgage range

Vida launches specialist residential mortgage range

Lender Vida Homeloans has launched a specialist residential mortgage range.

The products include two-year variable rates from 2.99%, two-year fixed rates from 3.29%, five-year fixed rates from 3.79% and a new fee saver range.

The fee saver range has no product fee and includes a refund of valuation and assessment fees after completion (capped at £650).

Vida is also offering a ‘Buy Together’ range of residential mortgages, which enables up to four applicants to purchase a home together.

Louisa Sedgwick, director of sales – mortgages at Vida Homeloans, said: “We’ve received a fantastic response from the market since launch and are committed to becoming a significant lender in the specialist sector during 2017. 

“Our partnerships with brokers and networks are extremely important to us and we are continually listening to their feedback. 

“They’ve been telling us that a fee saver option on our residential product range would be a useful addition to our proposition, especially when combined with the breadth of criteria we offer in the specialist mortgage sector.

“We intend to continue to keep listening to intermediaries and investing in our business to ensure we’re consistently meeting the needs of the market.”

Vida Homeloans is an intermediary-only lender and its products are available through selected networks, packagers and mortgage brokers.


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