"These changes to our Fee Saver residential product and specialist buy-to-let range show our continuing appetite to grow our specialist mortgage lending."
The entire Fee Saver range will continue to have no product fees and free standard legals on remortgages.
Vida has also introduced a 1% fee (minimum £495) for buy-to-let mortgages on its Vida 1 tier up to a maximum loan size of £125,000, replacing the previous fixed fee of £1,995.
Louisa Sedgwick, director of sales – mortgages at Vida Homeloans, said: “We are always listening to feedback from mortgage intermediaries here at Vida Homeloans and constantly look for new ways to ensure our products suit borrowers who are currently not well-served by high street lenders.
“These changes to our Fee Saver residential product and specialist buy-to-let range show our continuing appetite to grow our specialist mortgage lending.”
