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Vida cuts a number of 5-year fixed BTL rates
10 November 2023
Vida, the specialist lender, have announced rate reductions in their buy to let (BTL) product range.
Five-year fixed rates at 75% loan to value (LTV) on their Vida 36 tier have been dropped by up to 0.40%.
For standard property types, initial rates now start at 5.39% with a 4% fee or 5.79% with a 2% fee.
For HMO and MUB, rates start at 5.54% with a 4% fee or 5.94% with a 2% fee.
Alongside these reductions, their 5-year fixed BTL limited editions are also being cut by up to 0.20%.
The standard limited edition rate on Vida 36 at 75% LTV is now 4.99%. For HMO/MUB the initial rate is 5.14%.
Limited edition products may be withdrawn at short notice. More information can be found on their website.
