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Complex Buy To Let

Vida cuts rates by up to 0.25 per cent

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  • 14/10/2021
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Vida cuts rates by up to 0.25 per cent
Vida has reduced the rates on three limited edition buy-to-let deals by up to 0.25 per cent.

 

Rates begin at 2.89 per cent for its two-year fixed rates and 3.14 per cent on its five-year fixed rates.

Special purpose vehicles are accepted across all buy-to-let ranges and the deals are available for both purchases and remortgages. The maximum loan available is £1m.

Richard Tugwell (pictured), director of mortgage distribution at Vida, said: “We have been listening to our intermediaries and despite the challenges the mortgage market has faced over recent years, the UK buy-to-let sector is very much alive, and these changes are aimed at supporting our customers in achieving portfolio growth and reinforces our commitment to offering greater opportunities for intermediaries and their customers locked out of high street lending.”

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Samantha Partington is a freelance trade and consumer journalist writing about property and personal finance. Previously she worked worked for the Daily Mail and Property Week. She is the former deputy editor of Mortgage Solutions and editor of Specialist Lending Solutions. Before becoming a journalist, Samantha worked as a mortgage broker and latterly for a mortgage, bridging and secured loan lender. Samantha is CeMAP qualified. Follow her on Twitter @SamJPartington1.

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