Vida has launched its new product range for buying and renting holidays.
Intermediaries in England, Scotland and Wales now have access to products specifically designed for holiday rental purchases and mortgage refinancing.
The holiday BTL products are available to both individual and portfolio landlords and are designed to support the growing demand for short-term rental investments in popular UK holiday destinations.
In addition to the launch, Vida has introduced several improvements to its BTL offering.
It has also introduced a new BTL consumer product range to support casual and non-professional landlords who have inherited or gifted properties.
In addition, it has launched a ‘let to move’ proposition, meaning the lender will now consider applicants who are letting their property to buy, rent or move, whether that means moving abroad, moving in with family or still deciding what to do.
Ross Williams, head of mortgage product management at Vida, said: “We are proud to be expanding our Buy to Let offering in ways that reflect the real needs of landlords and the agents who support them.”
“The launch of our Holiday Let range is a significant milestone, but it is the wider enhancements – such as our Consumer BTL and Let to Move On propositions – that show we are listening to the intermediary market and responding with specialist solutions that make the difference.”