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 potentially accept applicants who are financially associated with persons who have adverse credit.
We accept applications from non-owner occupiers.
We can consider first-time landlords for our Holiday Let range.
We don’t usually lend on properties where the value may be affected by nearby commercial premises, such as food outlets or public houses. We may consider these cases individually, so please contact our team to discuss.
We’ll allow up to 85% LTV on repayment mortgages and up to 75% LTV on interest only mortgages.
We’ll allow up to 95% LTV for purchases and remortgages. Interest only mortgages are capped at 80% LTV and new-build flats at 85% LTV.
We accept flying freeholds where they account for no more than 25% of the property’s gross floor area.
We don’t consider foreign currency as an acceptable source of income for affordability purposes.
We don’t accept foreign nationals living overseas.
Foreign nationals with indefinite leave to remain are assessed under our standard lending policy.
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 offer free legals on remortgage applications when using Hodge’s nominated solicitors.