Vida Homeloans has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion. Vida’s rates are available here and details on Vida’s criteria is available here. For more information you can contact our team. LOGIN to Vida here
Criteria Wrap-Up: Foreign Nationals
Here’s a wrap-up of our Foreign Nationals criteria and how we can help your specialist customers to get life moving.
Nationality and Residency
All applicants must provide 3 years address history. The latest year must show continuous residency in the UK.
EU/EEA/Swiss and Foreign Nationals
Foreign Nationals will need to provide evidence of their right to reside in the UK. Those with a permanent right to reside, EU/EEA/Swiss with settled status or indefinite leave to remain can borrow up to scheme limits.
Where residency status is evidenced by one of the following, borrowing is available up to 75% LTV with at least 5% of the deposit coming from either savings or inheritance:
- EU/EEA/Swiss with pre-settled status
- Family visa
- Tier 1 (Entrepreneur Visa only)
- Tier 2 (Skilled Worker)
- UK Ancestry Visa
- British National (Overseas) Visa
- Senior or Specialist Worker Visa
- Health and Care Worker Visa
Let’s get life moving for you and your customers.
Take a look at our lending criteria or download our criteria guide: