Vida expands specialist lending range with new holiday let deals 

Published on

Vida Homeloans has launched a new range of holiday buy-to-let products as part of a broader expansion of its specialist mortgage offering.

The range, available to intermediaries across England, Scotland and Wales, is aimed at both first-time landlords and experienced investors seeking to diversify into short-term rental properties in popular holiday destinations.

Vida said the launch reflects its commitment to providing brokers with more flexible solutions tailored to landlords’ evolving needs. The new products are open to individual and portfolio landlords purchasing or remortgaging holiday lets.

Alongside the launch, Vida has introduced a new ‘consumer’ buy-to-let range aimed at non-professional or accidental landlords, such as those who have inherited or been gifted a property. The range offers customers the regulatory protections that accompany consumer buy-to-let mortgages.

The lender has also unveiled a new ‘Let to Move’ proposition, allowing applicants to let out their property while moving home, moving abroad, or moving in with family. The flexibility applies across the lender’s full buy-to-let range and is designed to support borrowers during transitional life stages.

Ross Williams, head of mortgage product management at Vida, said: “We’re proud to be expanding our buy-to-let offering in ways that reflect the real-world needs of landlords and the brokers who support them.

“The launch of our holiday let range is a key milestone, but it’s the broader enhancements— like our Consumer BTL and Let to Move On propositions — that show we’re listening to the intermediary market and responding with specialist solutions that make a difference.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...