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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