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Complex Buy To Let

Vida Homeloans cuts BTL rates and introduces limited edition product

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  • 07/01/2020
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Vida Homeloans cuts BTL rates and introduces limited edition product
Vida Homeloans has made amendments to its buy-to-let product range including the reduction of rates by as much as 0.25 per cent on selected products.

 

This includes its five-year buy-to-let mortgage at 70 per cent loan to value (LTV) with an initial rate of 3.44 per cent down from 3.64 per cent and its five-year Fee Saver buy-to-let mortgage also at 70 per cent (LTV) and an initial rate of 3.54 per cent down from 3.74 per cent. 

Furthermore, there have been reductions within its two-year fixed products with a 70 per cent LTV product which has an initial rate of 2.94 per cent, down from 3.19 per cent and the Fee 70 Saver mortgage at 70 per cent LTV with an initial rate of 3.09 per cent. 

The lender has also released a five-year limited edition buy-to-let mortgage product with a fixed product fee £3,495 at 70 per cent LTV. It has an initial rate of 3.49 per cent and a maximum loan of £500,000. 

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Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors. Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies. This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector. She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021. In her spare time, Shekina likes to read, travel, listen to music and socialise with friends. She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content. Follow her on Twitter at @ShekinaMS

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