Buy to let Product Range

Vida can help you get life moving for more specialist Buy to Let mortgage clients, whether it is for first-time landlords, worldwide expats, HMOs & MUBs, or Limited Company SPVs.

Our Intermediary Engagement Specialists can guide you through our flexible Buy to Let criteria, fee free options and fixed rate deals.


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Product perfection

Get life moving for your specialist clients with our Buy to Let product range.

Transparent tiering

Our simplified tiering makes it even easier for you to find the best solution for your specialist clients.

Intermediary support with V-Hub

Get direct access to the Underwriter handling your case through the V-Hub.

Our Service Pledge

Service excellence or we'll refund the administration fee - it's as simple as that.

Customer Credit Profiles

Should your customer have adverse that falls outside of our three Credit Tiers, we still may be able to help with our Packager Packager Tier.

CriteriaVida 36Vida 24Vida 6Packager
Months since last default ≥ £2500 in 360 in 240 in 6Considered < 6 months
Months since last CCJ ≥ £2500 in 360 in 240 in 6Considered < 6 months
Worst status Secured Payments* (months)0 in last 363 in last 24Considered (no max)
No secured arrears allowed within the last 6 months
Number of missed unsecured payments ≥ £250 in the last 6 months1 in 62 in 63 in 6Considered (no max)
Bankruptcy / IVA / DRO / Trust Deed3 years +1 year +
Previous repossessions6 years +3 years +

*All historic secured arrears must have been made up to date for at least 6 months prior to application
• Debt Management Plan/Debt Arrangement Schemes may be considered at Underwriter discretion - subject to satisfactory affordability and conduct checks.

  • Vida 36
    Months since last default0 in 36
    Months since last CCJ0 in 36
    Worst Status Secured Payments* (months) 0 in last 36
    Number of missed unsecured payments >£250 in the last 6 months**1 in 6
    Bankruptcy / IVA / DRO / Trust Deed3 years +
    Previous repossessions6 years +
  • VIDA 24
    Months since last default 0 in 24
    Months since last CCJ 0 in 24
    Worst Status Secured Payments* (months) 3 in last 24
    Number of missed unsecured payments >£250 in the last 6 months**2 in 6
    Bankruptcy / IVA / DRO / Trust Deed3 years +
    Previous repossessions6 years +
  • Vida 6
    Months since last default0 in 6
    Months since last CCJ0 in 6
    Worst Status Secured Payments* (months) 3 in last 24
    Number of missed unsecured payments >£250 in the last 6 months**3 in 6
    Bankruptcy / IVA / DRO / Trust Deed3 years +
    Previous repossessions6 years +
    Worst Status Secured Payments* (months) 3 in 24
  • PACKAGER
    Months since last default Considered < 6 months
    Months since last CCJ Considered < 6 months
    Worst Status Secured Payments* (months) Considered (no max)
    Number of missed unsecured payments >£250 in the last 6 months** Considered (no max)
    Bankruptcy / IVA / DRO / Trust Deed1 year +
    Previous repossessions3 years +

Buy to Let Mortgage Products

Please note: Limited Editions have a restricted tranche size and may, therefore, be withdrawn at short notice.

Available for both purchase and remortgages.

TypeLTVTierInitial rateFeeMax Loan
Standard Limited Edition75%Vida 364.69%6%£2m
Vida 365.23%4%
80%Vida 365.62%4%£750k
HMO/MUB Limited Edition75%Vida 365.04%6%£2m
Vida 365.52%4%
80%Vida 365.84%4%£750k

Fees

A non-refundable £195 is payable on all applications
Product fees can be added to loan above max LTV except 85%.
Standard valuation fees apply.

Vida Variable rate (VVR)

6.80% set on 01.12.2024

Revert Rate

9.64% (VVR + 2.84%)

Additional Information

Minimum loan £50k.

ERCs

5%, 5%, 4%, 3%, 2%

Standard - 2 year fixed rate
Available for both purchase and remortgages.

TypeLTVTierInitial rateFeeMax loan
Standard75%Vida 365.82%2%£2m
Vida 246.01%
Vida 66.54%
Packager6.89%
Standard80%Vida 366.19%2%£750k
Vida 246.39%
Vida 66.73%
Standard85%Vida 366.84%2%£500k
Expat75%Vida 366.39%2%£2m
HMO/MUB75%Vida 365.90%2%£2m
Vida 246.17%
Vida 66.59%
HMO / MUB75%Packager6.94%2%£2m
HMO / MUB80%Vida 366.38%2%£750k
Vida 246.53%
Vida 66.99%
HMO / MUB85%Vida 367.09%2%£500k

Fees

A non-refundable £195 is payable on all applications
Product fees can be added to loan above max LTV except 85%.
Standard valuation fees apply.

Vida Variable rate (VVR)

6.80% set on 01.12.2024

Revert Rate

9.64% (VVR + 2.84%)

Additional Information

Minimum loan £50k.

ERCs

4%, 3%.

Standard - 5 year fixed rate
A minimum term of 6 years is required.
Available for both purchase and remortgages.

TypeLTVTierInitial rateFeeMax loan
Standard75%Vida 365.77%2%£2m
Vida 245.84%
Vida 66.24%
Packager6.44%
Standard80%Vida 366.07%2%£750k
Vida 246.13%
Vida 66.36%
Standard85%Vida 366.99%2%£500k
Expat
(Single Unit & HMO / MUB)		75%Vida 366.17%2%£2m
HMO / MUB75%Vida 366.00%2%£2m
Vida 246.43%
Vida 66.69%
Packager6.89%
HMO / MUB80%Vida 366.29%2%£750k
Vida 246.71%
Vida 67.04%
HMO / MUB85%Vida 367.09%2%£500k

Fees

A non-refundable £195 is payable on all applications
Product fees can be added to loan above max LTV except 85%.
Standard valuation fees apply.

Vida Variable rate (VVR)

6.80% set on 01.12.2024

Revert Rate

9.64% (VVR + 2.84%)

Additional Information

Minimum loan £50k.

ERCs

5%, 5%, 4%, 3%, 2%

Fee saver - 2 year fixed rate
Available for both purchase and remortgages
No assessment fee, free valuation on properties up to £1m and a reduced product fee.

TypeLTVTierInitial rateFeeMax loan
Standard75%Vida 367.10%0.75%
(min £795)		£2m
HMO/MUB75%Vida 366.92%0.75%
(min £795)		£2m

Fees

No Assessment Fee payable on Fee Saver Range. Standard valuation fees apply on properties valued above £1m

Vida Variable rate (VVR)

6.80% set on 01.12.2024

Revert Rate

9.64% (VVR + 2.84%)

Additional Information

Minimum loan £50k.

ERCs

4%, 3%.

Fee saver - 5 year fixed rate
Available for both purchase and remortgages
A minimum term of 6 years is required.
No assessment fee, free valuation on properties up to £1m and a reduced product fee.

TypeLTVTierInitial rateFeeMax loan
Standard75%Vida 366.22%0.75%
(min £795)		£2m
HMO / MUB75%Vida 366.28%0.75%
(min £795)		£2m

Fees

No Assessment Fee payable on Fee Saver Range. Standard valuation fees apply on properties valued above £1m.

Vida Variable rate (VVR)

6.80% set on 01.12.2024

Revert Rate

9.64% (VVR + 2.84%)

Additional Information

Minimum loan £50k.

ERCs

5%, 5%, 4%, 3%, 2%

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Buy to Let calculator

Want to know how much we could lend your customers on a Buy to Let property without logging into the Vida Application System for a DIP?

Go to calculator
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Buy to Let criteria highlights


For existing UK property owners living or working in selected EEA or worldwide countries.

First time landlords considered

No minimum income required

Up to 6 bedrooms for HMOs and 6 units for MUBs

Student lets considered

Applications considered where no previous landlord experience

No income verification required

Minimum age 21

Standard ICRs apply - no uplift applied for FTBs

Up to 4 applicants allowed

Ex-Public Sector properties

New Build

Flats above or adjacent to commercial considered

High-rise flats considered with no restrictions on the maximum number of storeys

Up to 4 individuals accepted

SPV must be registered in England, Wales or Scotland

125% rental calculation for all property types

No minimum time required for SPV incorporation

Search all criteria
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The Buy to Let Hub

We're working with Core Logic to give our Intermediary partners access to our BTL Hub, making it quick and easy to submit details of your clients' property portfolio to us.

Before being able to submit portfolio applications you'll need to create an account by completing a short online form. Follow the link below to open the BTL Hub register page.

Visit the Buy to Let Hub

Useful Buy to Let Documents

For help with mortgage documentation, the application process or to find out more about our products & criteria, call the V-Hub on 03300 246 246