Vida has launched its new holiday buy-to-let product range.
Intermediaries throughout England, Scotland and Wales can now entry merchandise designed particularly for holiday let purchases and remortgages.
The holiday BTL merchandise can be found for each particular person and portfolio landlords and are designed to help the rising demand for short-term rental investments in common UK holiday locations.
In addition to the launch, Vida has launched a number of enhancements throughout its BTL providing.
It has additionally launched a brand new shopper BTL product range to help unintended and non-profession landlords who’ve inherited or been gifted property.
In addition, it has launched a ‘let to maneuver’ proposition, which suggests the lender will now take into account candidates who’re letting their property to purchase, lease, or transfer, whether or not that be transferring overseas, transferring in with family or but to resolve what they’re doing.
Vida head of mortgage product administration Ross Williams says: “We’re proud to be increasing our Buy to Let providing in ways in which mirror the real-world wants of landlords and the brokers who help them.”
“The launch of our Holiday Let range is a key milestone, nevertheless it’s the broader enhancements—like our Consumer BTL and Let to Move On propositions—that present we’re listening to the middleman market and responding with specialist options that make a distinction.”
