Vida Homeloans has cut rates on its BTL products by up to 50bps and made new additions to this range.
The lender has made available limited edition BTL mortgages at 65% LTV, available for both two-year and five-year fixed terms.
These new offerings come with a 4% fee and start from 3.52%.
In addition, Vida has also cut rates by up to 45% on its residential mortgage range.
“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,” said Ross Williams, head of mortgage product management at Vida Homeloans.
“Intermediaries can contact the V-Hub to discuss any case or criteria, where they'll have direct access to specialist experts and underwriters.”
