Vida Homeloans has made significant updates to its residential and buy-to-let (BTL) mortgage products, cutting headline rates by up to 0.54%.
Residential rates are down by up to 0.30%, while BTL rates see reductions of up to 0.54%.
The lender also introduced a refreshed Fee Saver range available for standard, house in multiple occupation (HMO), multi-unit block (MUB), and expat cases.
Additionally, minimum loan sizes have been reduced to £150,000 for BTL limited editions, offering more options for landlords with lower-value properties.
Ross Williams, head of mortgage product management at Vida Homeloans, said: “We’ve seen swap rates in the market drop over the course of January.
“We always endeavour to pass these savings on to our potential customers through rate reductions across our ranges.”
