Skip to main content

Vida Homeloans have cut their Buy to Let Rates

05 April 2017

Vida Homeloans logo

Buy to Let Tracker and Fixed rates have been reduced by up to 0.60% 

Vida Homeloans, the specialist mortgage lender for intermediaries, has today cut its 2-year tracker, 2 year fixed and 5 year fixed rates on buy-to-let products by up to 0.60% and reduced the revert rates across its entire buy-to-let product range. 

The rate cuts mean that Vida’s two-year tracker rates are reduced to as low as 3.24%, its two-year fixed rates to 3.34% and its five-year fixed rates to 3.89%. These rates apply to all individual, limited company and HMO applications. 

Rental Cover Requirements are as follows:

  • Basic rate UK tax payers 125% cover with top up from 115%
  • Higher rate UK tax payers 140% cover with top up from 120%
  • Trading limited companies/SPV/LLP 125% cover with top up from 115%
  • HMOs from 130% cover 

View their BTL rates here.

Using an Ipad

Follow us on twitter

Follow Jeremy Duncombe for market and product updates on Twitter. You'll find him at @JeremyDuncombe.