Vida cuts charges throughout resi and BTL levels through as much as 1.35%

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Vida has decreased its charges throughout residential and buy-to-let (BTL) levels through as much as 1.35%.

The lender’s residential variable fee merchandise are to be had at as much as 80% loan-to-value (LTV). The Vida 48 is a two-year variable loan at 70% LTV providing a fee of 6.29%.

Fastened charges were decreased through up to 0.70% with the bottom Vida 48 fee being 70% LTV with a five-year constant at 6.39%.

Variable charges were minimize through up to 1.35% for BTL. The most efficient fee to be had is the Vida 48, 80% LTV two-year variable at 5.49%

Product charges have additionally been halved from 2% to at least one% on BTL two-year fixed-rate merchandise.

Vida head of middleman relationships Helen Cawthra says: “Ultimate week, we introduced our new centralised decisioning unit, V-Hub, which supplies intermediaries direct get right of entry to to devoted underwriters who will lend a hand them with each and every form of question from pre-application thru to complicated case control and completions.”

“This week, we’re additional strengthening our proposition with discounts throughout our complete product vary, giving agents sexy choices to speak about with their shoppers.”

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