In the UK on a visa and want to buy a property? Our expert mortgage lenders can help you achieve a visa mortgage against the odds.
Foreign nationals who have moved to the UK may become concerned about the complexity of the process when they look into buying a home. Being accepted for a mortgage without permanent rights to reside can be challenging, and some lenders will automatically decline you.
When the Bank Says No is on a mission to help foreign nationals who have chosen the UK as their home to purchase their property. With us, visa mortgages don't have to be feared.
I have a Tier 2 visa. Can I get a mortgage?
Yes, you can apply for a UK mortgage with a Tier 2 or Skilled Worker visa. Many lenders will want to see that you have been in the UK for a minimum of 2 years before considering your application, with some requiring at least 3.
What lenders will be looking to see is that your employment is stable and your UK credit score is building up promisingly. That’s why it’s important upon arrival in the country to open a UK bank account and manage your money responsibly from the get-go to start building your credit history. If you’re feeling worried about the process of applying for a tier 2 visa mortgage, our friendly mortgage brokers are here to take the stress out of the process – just give us a call!
Can I get a mortgage with a spousal visa?
If you have a family visa providing you with the right to live and work in the UK due to being married to a British citizen, you can apply for a mortgage. Lenders will be looking to investigate your overall ability to meet your mortgage payments, taking into account your credit history, length of stay in the UK, and the time left on your visa when considering the application. If you have indefinite leave, this will dramatically improve your chances and increase the mortgage deals available to you.
Maximise your chance of approval with specialist advice from an expert in VISA Mortgages
What types of visas are accepted by mortgage lenders on mortgage applications?
A range of visas is accepted on applications for UK mortgages, including Tier 1, tier 2, and Tier 5 visas, family or spousal visas, ancestry visas, work visas and student visas. Mortgage lenders will have different lending criteria when it comes to mortgage applications with a visa, which can make the process of finding the right fit seem complicated.
To avoid disappointment, enlisting the help of our friendly team of mortgage advisors can make all the difference to your chances of mortgage application success. We understand the market for visa mortgages and can help you with mortgage advice and match you up with a lender who understands your situation.
Will I need a higher deposit for a mortgage with a Tier 1 or Tier 2 visa?
The bigger the deposit the better your chances of mortgage success when applying with a visa. In fact, many lenders will only accept applicants who can put down a minimum 25% deposit.
However, there are lenders out there who have different lending criteria and may consider your application even if you can’t stump up a large deposit. We’re here to help you find your way to the most appropriate visa mortgage option on the market, and make your homeowning dreams a reality.Get in touch with our team of mortgage brokers today!
Foreign national mortgages FAQs.
VISA Mortgage Calculator
Professional visa mortgage advice & guidance.
If you're on a visa to live in the UK and are looking to buy a home, there are plenty of options open to you. Though the process can seem less straightforward in these circumstances, we're here to show you the way forward.
When the Bank Says No has helped clients from countries all over the world secure the finance they need to buy a UK property. We'll tailor our service to your specific situation and personal circumstances and match you with lenders open to your visa status and employment term.
Helping you settle.
Mortgages can be scary, especially if you're a foreign national. You may be concerned that you will face additional barriers when applying for finance, and worried about finding your way through the process.
Our friendly team of advisors are here to help you achieve mortgage success and settle down in the home of your dreams. We'll keep things simple and stress-free at all times, guiding you from initial enquiry all the way to the completion date.