Vida Homeloans reduces BTL mortgage rates by up to 0.40%

Vida Homeloans has cut rates on selected buy-to-let (BTL) mortgage products by up to 0.40% in a bid to provide more flexibility to borrowers.

As part of the new wave of reductions, the lender’s BTL 5-year fixed deals up to 75% loan-to-value (LTV) have been reduced on its Vida 36 tier.

In addition, borrowers will benefit from reductions of 0.40% for houses in multiple occupancy (HMO) and multi-unit blocks (MUBs) and 0.35% for individual units.

All new rates come with fee options of 2%, 4% and 6%.