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Changes to BTL Criteria from Vida

09 August 2017

Vida Homeloans logo

Vida Homeloans have made the following criteria changes to their Buy to Let criteria: 

  • The maximum loan will now be capped at £500,000 (including added fees). This will include all standard and expat BTL loans
  • Until further notice they will only accept new Expat applications from British Citizens living or working in a European Economic Area (EEA) country. This includes the EU, along with Iceland, Liechtenstein, and Norway (a full list can be found here www.gov.uk/eu-eea)
  • The maximum number of portfolio properties owned by a landlord will be capped at 50 properties regardless of lender, including any additional properties being applied for with Vida. The maximum portfolio held with Vida remains unchanged at 15 properties up to £1,500,000

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