Vida Homeloans has cut rates across its BTL products by up to 30bps.
With immediate effect, Vida has cut rates on its BTL products by up to 30bps and by up to 10bps on its BTL transfer (retention) products.
Vida has also launched new BTL limited editions products on their Vida 36 credit tier.
These are available at a five-year fixed rate, at 75% LTV and with a 7% product fee and are available for standard and HMO/MUFB purchases.
“We’ve seen swap rates in the market drop over the course of January,” said Ross Williams, head of mortgage product management at Vida Homeloans. “We always endeavour to pass these savings on to our potential customers through rate reductions across our ranges.”
