Vida launches expat buy-to-let range

Vida Homeloans has launched a new Vida Expat buy-to-let mortgage range for existing UK property owners living abroad who wish to invest in UK buy-to-let property.

Related topics:  Mortgages
Rozi Jones
12th June 2017
Louisa Sedgwick Vida

Rates are available from 3.89% for a two-year tracker and two-year fixed rates start from 3.99%.

Maximum loan sizes are £1,000,000 for existing UK buy-to-let landlords and £500,000 for first time landlords. Maximum LTV is 75% and there is no minimum income requirement or employment restrictions, meaning applicants can be retired.

Louisa Sedgwick, Director of Sales – Mortgages at Vida Homeloans, commented: “We listen to our distribution partners and our new Vida Expat proposition is the latest evidence of our partnership approach to product design. We continue to commit to offer intermediaries innovation and flexibility in securing the best mortgage deal for their client’s needs.”

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