Vida Homeloans Announces Rate Cuts across Residential and Buy to Let and launches new Limited Editions and Fee Saver products.

05 February 2025

Vida Homeloans, the specialist lender, has made reductions across both their Residential and Buy to let ranges including their Product Transfer range (retention).

The latest reductions include selected Residential and Buy to Let products being cut by up to 0.30% and selected Residential and Buy to Let Product Transfer (retention) products reduced by up to 0.10%.

Ross Williams, Head of Mortgage Product Management at Vida Homeloans commented:

‘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.’

Vida has also launched new, Buy to Let Limited Editions on their Vida 36 credit tier. The products are available at a 5-year fixed rate, at 75% LTV and with a 7% product fee and are available for standard and HMO/MUB purchases.

In addition, there are new, 90% LTV Fee Saver products available on their Residential range, available across all the credit tiers (Vida 36, Vida 24 and Vida 6) and for either a 2 or 5-year fixed term.

These new 90% LTV Fee Savers add to the growing Residential range of products suitable for first time buyers, such as their recently launched, 3 & Easy range of 97% LTV products.

Helen Cawthra, Head of Intermediary Relationships at Vida Homeloans commented:

‘Vida’s newest, high LTV products are further assisting customers with affordability, with the aim of helping more people to finally find a place to call home. Especially those wanting to purchase their first home or move on from rented accommodation to become first time buyers’.

Intermediaries can contact the V-Hub to discuss any case or criteria, where they’ll have direct access to specialist experts and underwriters.