Vida reduces 5-year fixed buy to let rates by up to 0.75%
Vida Homeloans has reduced several 5-year fixed rate buy-to-let (BTL) products by up to 0.75%. In addition, 5-year BTL Expat rates are also reduced, and are available for customers located in over 180 countries. The cuts apply to HMOs, Multi-Unit Blocks, limited companies, loans above £1m and first-time buyers/first-time landlords. The current reduced fee of 1% also applies on these new rates, offering even better value for smaller BTL loans.
These changes follow a series of new product launches and updates from Vida.
Louisa Sedgwick, Director of Sales – Mortgages at Vida Homeloans, said: “Vida Homeloans is always keen to offer the best value to both residential and buy-to-let customers, and that commitment is shown with this change to our 5-year fixed rate BTL product.”
