Written By:
Posted:
May 13, 2025
Updated:
May 13, 2025
Vida Homeloans has cut mortgage rates by up to 0.45% in its residential range and up to 0.5% for buy-to-let (BTL) deals.
In addition, Vida Homeloans has launched limited-edition BTL products at 65% loan to value (LTV), available with both two-year and five-year fixed terms. The deals come with a 4% fee and rates start from 3.52%.
Ross Williams, the firm’s head of mortgage product management, said: “With swap rates dropping and the base rate reduction to 4.25%, we’re in a position to lower the majority of our rates and pass these savings on directly to borrowers.”
Earlier this month, Vida Bank reported it had received £1bn of deposits since becoming an authorised bank last year, as well as an update to its distribution model as part of a multi-year mortgage transformation programme.
