Vida has enhanced its BTL range with two new limited edition fixed-rate products across standard BTL and HMOs.
The new offerings carry lower initial rates and higher product fees to allow borrowers to maximise loan size and affordability, the lender said.
Available on the Vida 48 tier, the products offer a 75% LTV on a five-year fixed rate with a 3% fee.
The standard BTL product has a rate of 5.25%, while the HMO product is available at 5.44%.
Helen Cawthra, head of intermediary relationships at Vida, said: “As the lending specialist we are constantly assessing the market, monitoring demand, and looking at ways to support our intermediary partners.
“These new limited editions will allow a variety of landlords to access products with a lower rate that suits their specialist requirements, with the stability of a five-year fix.
“Intermediaries can speak to us about their buy to let cases by contacting the V-Hub, where they can speak with experts and underwriters directly and be confident in our efficient service levels coupled with dedicated intermediary support.”
