Vida has launched a new lending proposition designed to support foreign nationals living and working in the UK.
Effective immediately, Vida will offer residential mortgage products to eligible foreign national applicants at up to 90% loan-to-value (LTV).
The lender has also expanded on the vast list of acceptable visa types to further broaden their proposition.
The new criteria is now available through a dedicated range of mortgage products offering fixed rates on a 2- and 5-year basis.
The lender has urged intermediaries to contact the V-Hub to discuss any case or criteria, where they will have direct access to specialist experts and underwriters.
Ross Williams, head of products at Vida, said: “At Vida, we believe that everyone deserves the opportunity to own a home, regardless of their background or country of origin.
“Our new proposition for foreign nationals is a natural extension of our mission to help more people find a place to call home.
“We’re proud to support a diverse range of customers and provide real solutions that reflect the realities of modern life in the UK.”
