Vida Homeloans has introduced a wave of rate reductions across both its buy-to-let and residential product ranges.
For its buy-to-let offering, fixed rates have been reduced by as much as 0.40%, with the lowest Vida 36 product being a 5-year fixed at 75% loan-to-value (LTV) with an initial rate of 6.29%.
For residential, a standard 5-year fixed at 75% LTV on Vida 36 has an initial rate of 7.19%, reduced by 0.20%.
Alongside the rate reductions in its buy-to-let range, the lender has also launched a new Limited Edition product extending availability to HMOs and MUBs.
The 2-year fixed is available up to 75% LTV on Vida tier 36 at an initial rate of 5.79%.
Similar reductions have been made across their range of retention products.
Helen Cawthra, head of intermediary relationships, said: “As the specialist lender, we are always looking at ways to support our intermediary partners and their customers at what is a challenging time for borrowers.
“Today’s rate reductions across our product ranges will provide more options for new and existing borrowers.”
