• EVERY MORTGAGE TELLS A STORY

     

Ryan's story Blog


Every Mortgage Tells A Story: BTL Expat living and working abroad

Vida Homeloans is the award-winning specialist residential and buy to let lender for customers who may not fit the criteria currently demanded by high street lenders. Every mortgage tells a story; tell us your customer’s.

Meet Ryan. He’s a British Expat living and working in Dubai. Ryan has a UK residential property already, but, having saved up a 25% deposit, he wants to invest in the UK property market as a first time landlord, by buying a flat in Leeds. He has a non-British spouse who will be a party to the mortgage and a small missed payment to a credit card provider in the last six months. He’s been turned down by a couple of high street lenders but his broker knows that this is just the sort of case where Vida will listen to his story.

Why should you consider Vida for your BTL Expat customers

  • Over 180 FATF member countries or confederations covered (including Australia, America, Canada)
  • SPVs registered in the UK where one or more directors is an Expat
  • First Time Landlords accepted
  • HMOs and MUBs accepted
  • Spouses who are non-British citizens as party to the mortgage
  • Purchase or remortage investment property up to 75% LTV (for all countries except Australia - 70% LTV)
  • No minimum income required
  • Up to 40 year terms available
  • All property types considered