New range of buy-to-let mortgages unveiled for ex-pats by Vida Homeloans.
UK landlords who live outside of the country but are still keen to invest in UK property, may well be interested in Vida Homeloans’ new range of buy-to-let mortgages.
Vida are offering a tracker mortgage for two years at a rate of 3.89%. They also offer a range of fixed rate mortgages that start at 3.99%, also for two years.
Maximum loan sizes apply and depend on whether you are a first-time buyer, in which case you could borrow up to £500,000, or have an existing portfolio, where the max’ would be up to and including £1million. A maximum LTV also applies of 75%.
Regardless of your circumstances, as a mortgage broker, Deal Direct are committed to seeking out the very best buy-to-let mortgage product for you. We can also provide you with:
- a rental assessment on buy-to-let properties
- an internal credit score and make recommendation on how it can be improved
- regular text/email updates on the best buy-to-let mortgage/remortgage deals available
Please be aware that Deal Direct are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of property as an investment, you will need to contact an independent financial adviser.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.
With our help, searching the market for a buy-to-let mortgage is convenient and simple.