Vida Homeloans has launched a new range of high Loan-to-Value (LTV) residential mortgages called Pathway.
The Pathway range offers products with LTVs of 90%, 95% and 97%, available with fixed rates of two or five years.
For a limited time, all products in the range will have no review fees applicable, and many products have cashback options of up to £1,250, payable on completion.
The lender has also made cost-saving options available with no product fees and a free valuation.
As part of the Pathway range, Vida has introduced new Limited Edition residential products with a two-year fixed rate, available up to 95% LTV.
These will also benefit from cashback options and the No Assessment Fee Pathway offer.
In addition, Vida has introduced rate reductions for residential and buy-to-let products, as well as further improvements to the application process.
It has abolished the requirement for rental proof in Right to Buy cases and will no longer require a business plan for a BTL portfolio landlord application.
Other improvements include the reintroduction of a Professional Consultant’s Certificate (PCC) as an acceptable form of certification, provided it is issued by a suitably qualified professional consultant, and a revised cohabitation policy, including married couples.
Vida Home Loans head of mortgage product management Ross Williams says: “The new Pathway range makes the route to home ownership even more achievable for first-time buyers.”
“With high LTV options available with deposits as low as 3%, a choice of 2 and 5 year fixed interest rates, specialist products for foreigners up to 90% LTV, no appraisal fees on all products above 85% LTV, and attractive Cashback incentives, Pathway helps get life moving – especially for those taking their first steps into home ownership.”
James Thornton, head of underwriting at Vida Homeloans, added: “We’ve made a whole host of improvements behind the scenes to make our application process as efficient and streamlined as possible.”
“Agents will reap the benefits across a range of business types, whether residential or buy-to-let. We remain committed to continually improving our estate agency journey, with many more improvements planned for 2026.”