Vida Homeloans has expanded its proposition and made rate reductions of up to 0.72%.

In addition, the new range now also includes additional 85% loan-to-value (LTV) residential products as well as fee saver and cashback residential products.

There will also be cashback products available across buy-to-let (BTL).

Elsewhere, Keystone Property Finance has reduced rates across its fixed rate BTL product ranges by up to 15 basis points.

The reductions apply to its two and five-year fixed products and follow the specialist lender’s reintroduction of fixed rates last week amid ongoing market volatility.

The reductions apply across Keystone’s core products, including standard, specialist, expat, holiday let, product transfer/PT plus, and refurb to let exit options.

Standard rates now start from 3.39% at 70% LTV, for specialist products at 70% LTV rates will start at 3.44% and for expats, rates will start from 4.74% at 65% LTV.

Keystone’s holiday let rates will start from 5.49% at 65% LTV, product transfer and PT plus rates will begin at 4.99% at 65% LTV and refurb to let exit rates will start from 4.99% at 65% LTV.

Keystone Property Finance managing director Elise Coole says: “We continually review our product range in line with market developments. Last week, that meant we reintroduced our fixed rates following a period of volatility, and this week, we’ve been able to reduce them.

Meanwhile, April Mortgages announced yesterday it would be lowering rates.