Vida Homeloans has broadened its specialist buy-to-let proposition with the launch of Let to Move, a new product aimed at borrowers who need flexibility during major life changes.

The offering allows homeowners to let out their property while they relocate, move in with family, or decide on their next steps, providing an alternative for those not ready to sell but wishing to move on.

It is available across Vida’s full buy-to-let range, including both individual and portfolio landlords.

Ross Williams, head of mortgage product management at Vida, said: “Let to Move is a great example of how we’re listening to brokers and responding with solutions that reflect real customer journeys.

“Alongside our new consumer buy-to-let and holiday let ranges, we’re building a proposition that’s not only competitive but genuinely specialist – designed to meet the diverse needs of today’s landlords.”

The launch forms part of Vida’s wider strategy to strengthen its buy-to-let range and respond to growing demand for more nuanced lending solutions.

NEW CONSUMER AND HOLIDAY RANGES

Vida has also added two further products. The first, consumer buy-to-let, targets so-called “accidental” or non-professional landlords – including those who have inherited or been gifted property – and comes with additional consumer protections.

The second, holiday buy-to-let, is aimed at borrowers investing in short-term rental properties in popular UK holiday destinations. It is available for both purchases and remortgages and is open to new entrants as well as experienced landlords looking to diversify.

The lender said the latest changes underline its focus on providing practical, flexible options for landlords and brokers as the buy-to-let market continues to evolve.