Vida Homeloans launches specialist residential range

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Vida Homeloans has launched a specialist residential mortgage range.

The range includes two-year fixed rates at 3.29 per cent at 70 per cent LTV with a £995 fee.

The new products also include five-year fixes from 3.79 per cent, also at 70 per cent LTV with a £995 fee.

Vida is also launching a new range of fee saver products across all its residential loans.

The range has no product fee and offers a refund of the valuation and assessment fee after completion, capped at £650.

Vida Homeloans director of sales, mortgages Louisa Sedgwick says: “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.”

Vida is a trading name of Belmont Green, which launched last year.