Foreign Nationals without indefinite leave to remain
We can consider foreign nationals without indefinite leave to remain where they hold an eligible work visa and have a minimum of 12 months’ employment history.
We can also consider applicants on a spousal visa as part of a joint application.
Applicants on a skilled worker visa or health and care worker visa must be in permanent employment.
The maximum LTV is 95%
We can consider Employer’s Housing Allowance as a source of income for affordability purposes.
We can consider additional duty hours as an acceptable source of income for affordability purposes.
We can consider car allowance as a source of income for affordability purposes, subject to underwriter assessment.
We don’t have a minimum income requirement for contractor applicants.
We can consider future income in our affordability assessment where an applicant is due to start a new role, receive a promotion or receive a pay rise within three months of the mortgage application date.
We’ll accept EPC ratings A to E. Where the property has an EPC rating of E, please refer the case to us before submission.
We don’t accept ground rent exceeding 0.1% of the property’s value. Ground rent must not double more frequently than every 20 years or be linked to the property’s value.
We may consider lending on freehold properties where there’s an estate charge for general upkeep and maintenance of shared areas.
We accept applications from EU nationals with pre-settled status under the EU Settlement Scheme.
We accept applications from EU nationals with pre-settled status under the EU Settlement Scheme.
We may consider an application on ex-MOD properties on a referral basis. Houses must have a minimum value of £200,000.
We can consider returning UK expatriates who have been back in the UK for at least six months, provided a credit history can be identified and they have been away from the UK for no more than two years.