The Limited Edition range is available for residential and buy-to-let mortgages up to 70% loan to value (LTV). The products are available for two and five-year fixed rates.
For the new buy-to-let range, rates start at 3.14% for a two-year fixed rate and 3.64% for a five-year fixed rate. The maximum loan size is £750,000.
Vida has also increased the maximum for all other buy-to-let loans to £750,000 and the maximum portfolio level has been increased from £1.5m to £2m.
On the residential side, the two-year fixed rate is available from 2.69% and 2.99% for a two-year fixed rate fee saver (with no product fee; valuation fee refund up to £650; and free standard legals on remortgages). The maximum residential loan size is £1m.
The launch follows Vida’s confirmation that it will continue to cater to portfolio landlords when regulatory changes come in at the end of September.