Vida Homeloans has announced the launch of its new online buy-to-let affordability calculator.

In addition, Vida has developed an online tool that allows brokers to check its lending criteria at a detailed level using a keyword search. The online search tool allows brokers to define whether they are looking for Vida’s residential or buy-to-let criteria and then to enter the first few letters of a search term to quickly bring up ‘best fit’ answers.

Guy Batchelor, sales and marketing director at Vida Homeloans, said: “The new buy-to-let calculator and online lending criteria search tool are the latest examples of designing our technology around market needs.

“I’m sure you will agree that these two new initiatives not only provide a better online experience for our intermediaries but also help to deliver a great customer outcome.”