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Paragon adds 75% LTV limited edition buy-to-let range mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
Vida has launched a pair of fixed rate buy-to-let (BTL) products available for HMOs and MUBs. It has added limited edition 2-year and 5-year fixed rates to its Vida 1 BTL range up to a maximum loan-to-value (LTV) of 75%. Launched to the whole of the market on a purchase and remortgage basis, the products have a fixed fee of £1,995. Landlords using Special Purpose Vehicles (SPVs) and limited companies are also eligible. Vida’s new fixed fee BTL specials are priced at 3.24% fixed for 2-years and 3.49% fixed for 5-years for its core BTL range and at 3.39% fixed for 2-years and 3.74% fixed for 5-years for its HMOs/MUBs offering. ....
17 Vida has added limited edition two- and five-year fixed buy-to-let products to its range. The products are available up to 75% LTV for purchase and remortgage and can be used for houses in multiple occupation (HMOs) and Multi-Unit Blocks (Mubs). Landlords using special purpose vehicles (SPVs) and limited companies are also eligible and the products have a fixed fee of £1,995. The BTL deals are priced at 3.24% fixed for two years and 3.49% fixed for five years for its core BTL range and at 3.39% fixed for two years and 3.74% fixed for five years for its HMOs/Mubs offering. Vida director of mortgage distribution Richard Tugwell says: “Although the residential purchase sector is getting the national media headlines right now, a thriving private rental sector is just as important to the recovery of the UK housing market. ....