Vida has widened its Buy to Let Expat criteria for a limited number of distributors, to cater for existing UK property owners working in FATF member countries around the world.
- Available up to 65% LTV outside the EEA (up to 75% LTV inside the EEA)
- First time landlords, Houses in Multiple Occupation and Multi Unit Blocks are all acceptable
- Maximum loan size is £1 million
- Spouses who are non-British citizens can be party to the mortgage and no minimum income is required
The new extension to Vida’s Buy to Let Expat range is currently available to mortgage intermediaries through the following exclusive distributors: 3mc, Brightstar, Complete FS, Connect for Intermediaries, Mortgages for Business and Buy to Let Club. Vida is giving intermediaries the choice of submitting business via packagers or directly via the club route where appropriate.
View Vida’s LENDING CRITERIA HERE or contact its experienced TBDM team on 03300 246 246.
