Mortgages for Non-UK Citizens

As a foreign national working in the UK, mortgages can be hard to get – we can say Yes!

We work with both British overseas expats looking to buy in the UK and foreign nationals working in the UK who want to buy their own home. Mortgage lenders have, in the past, taken a dim view of non-UK citizens looking to borrow against a UK property as many expats have complex financial affairs with income & commitments from different countries and in different currencies. It simply falls into the ‘too hard to handle’ box and we don’t think that’s fair!

So we’re delighted to say that we’ve talked to lenders and they’ve listened.

We can now offer a unique new mortgage proposition designed to support the growing number of foreign nationals who work in the UK
& are looking to buy their own home.

What really sets this mortgage deal apart are the conditions we’ve established with the lender:

• No minimum time of residency required in the UK – most lenders ask for a minimum of one year, often two.
• No minimum time remaining on visa – borrowers are often required to have at least one year remaining.
• No minimum income needed.
• No UK credit history required – The Lender Society is able to access overseas credit files from 14 different countries thanks to an innovative partnership with a credit data provider.
• Up to 90% LTV (capped at 75% LTV if a suitable credit file cannot be sourced).

The new mortgage range also includes products for expats returning to the UK who are purchasing a main residence and for borrowers from abroad who have been granted indefinite right to remain.

“It’s an exciting step forward in our transformation journey as we continually look for innovative ways to support borrowers who currently find it difficult to obtain a mortgage.”

Start your mortgage application with us now and we’ll research the market for you, no matter how difficult you think it might be!