Vida Homeloans has cut rates across on selected BTL products by up to 30bps.
These cuts take place with immediate effect, with the lender making other changes to its application process.
These include removing the requirement for rental evidence on Right to Buy cases and no longer requiring a business plan for BTL portfolio landlord applications.
Additionally, the Professional Consultant’s Certificate (PCC) is being reintroduced as an acceptable form of certification, provided it is issued by a suitably qualified professional consultant.
Vida now has a revised cohabitation policy, including married couples.
“We’ve made a raft of improvements behind the scenes to make our application process as efficient and streamlined as possible,” said James Thornton, head of underwriting at Vida Homeloans.
“Brokers will enjoy the benefit across a range of case types, whether residential or BTL.
“We remain committed to continually enhancing our broker journey, with many more improvements planned for 2026.”
