Vida has cut rates across its entire buy-to-let range as well as on selected residential products.  

The specialist lender says its landlord fixed-rates deals have been reduced by as much as 40 basis points, making the lowest Vida 36 product in this range a five-year fix at 75% loan to value with an initial rate of 6.29%.  

It has also launched a limited edition loan for houses in multiple occupation and multi-unit blocks. The offer is a two-year fix available up to 75% LTV on Vida tier 36 at an initial rate of 5.79%.  

Among its residential deals, a standard five-year fix at 75% LTV on Vida 36 is now available at an initial rate of 7.19%, down by 20bps.  

Vida head of intermediary relationships Helen Cawthra says: “As a specialist lender, we are always looking at ways to support our intermediary partners and their customers at what is a challenging time for borrowers.

“Today’s rate reductions across our product ranges will provide more options for new and existing borrowers.”  

The firm adds that its products are backed by its service pledge, which allows brokers to request a refund of the £180 application admin fee for poor service.