Mortgage

VIDA promotes the scope of housing loans in foreign countries – Mortgage Strategy

Vida has added a range of home loans for foreign nationals living and working in the UK, up to 90% of the loan value.

This is a 75% increase in LTV for professional lenders for these borrowers.

It also expands its list of acceptable visa types to expand the proposition.

Lenders will accept EU, EEA and Swiss national visas.

It will also accept several other visas, including skilled workers, health and caregivers and innovator founders.

“Our new proposition for foreign nationals is a natural extension of our mission, aiming to help more people find a place called home,” said Ross Williams, Vader Product Leader.

“We are proud to support a wide range of clients and provide practical solutions that reflect the reality of modern life in the UK.”

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