Vida broadens buy-to-let expat criteria

Published on

Vida Homeloans has widened its buy-to-let expat criteria and will now lend to existing UK property owners working in FATF member countries around the world.

These include Australia, America and Canada (www.fatf-gafi.org/countries/#FATF).

The range is available up to 65% loan to value (LTV) outside the EEA (up to 75% LTV inside the EEA) and the maximum loan size is £1 million.

First time landlords, Houses in Multiple Occupation and Multi Unit Blocks are all acceptable.

In addition, spouses who are non-British citizens can be party to the mortgage and no minimum income is required.

Louisa Sedgwick (pictured), director of sales – mortgages, said: “We’ve been offering this extension to our buy-to-let expat range via selected key distributors over the past couple of months and we are now rolling the proposition out to the wider market in response to demand.

“Intermediaries have been telling us that our criteria-driven buy-to-let expat proposition – including niche criteria such as HMOs and MUBs and no minimum income requirements – is hard to beat.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Mortgage rates surge and product choice shrinks as Iran conflict jolts market

New data from Moneyfacts shows the impact of the Iran conflict has been both...

Advisers told to tighten processes as rate volatility squeezes mortgage options

Advisers are being urged to sharpen their processes as lenders continue to withdraw products...

Conveyancer shortage threatens to slow homebuying process

Falling conveyancer numbers and rising transaction volumes are increasing pressure on the homebuying process,...

Sesame rolls out OneView adviser platform to bring core tools into one system

Sesame has launched a new web-based adviser platform, OneView, designed to bring core tools,...

SortRefer reports record month as March instructions rise 16%

SortRefer said March 2026 was its strongest month on record, with overall instructions up...

Latest publication

Other news

Mortgage rates surge and product choice shrinks as Iran conflict jolts market

New data from Moneyfacts shows the impact of the Iran conflict has been both...

Advisers told to tighten processes as rate volatility squeezes mortgage options

Advisers are being urged to sharpen their processes as lenders continue to withdraw products...

Conveyancer shortage threatens to slow homebuying process

Falling conveyancer numbers and rising transaction volumes are increasing pressure on the homebuying process,...