Vida will be launching an extended set of Right to Buy products with fees, along with repricing some of our existing BTL and Resi products, effective and under embargo until 20th April 2023:
The following changes will take place:-
- BTL and Resi Reprice: 14 existing rates being changed. No changes to fees
- Right to Buy / Right to Acquire (RTB /RTA) 10 new products to be added to the 2 and 5 year range where a product fee off £995 is charged (to sit alongside the current fee free versions)
The following fees will apply to these 10 products:
- A non-refundable £180 is payable on all applications.
- £995 Product Fee
- Standard valuation fees apply as per below:
Please see attached Residential and BTL guides.
- We have updated our BTL Expat country lending list as per below :
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- 4 countries will be removed from Ex-Pat Lending List – Costa Rica, Ghana, Indonesia & Saint Lucia
- 10 countries will be added to ex-pat list – Bhutan, Egypt, Grenada, Hong Kong, India, Mauritius, Moldova, Monaco, Serbia & Tunisia.
If you have any queries, please don’t hesitate to contact me.