Foreign Nationals
The minimum criteria for considering applications from non-EEA Foreign Nationals who do not have indefinite leave to remain in the UK is as follows;-
Where indefinite leave to remain in the UK is not granted, applications can still be considered if the following four conditions are satisfied;-
- 90% maximum LTV%. Applicants must be able to put down a 10% deposit from their own resources towards the purchase price (e.g. Builder's Cashback and Top-Ups are unacceptable). Please ensure you refer to the current product rates as product LTV restrictions apply per application type. Products may not always be available up to maximum LTV lending limits above.
- applicants must have been legally resident in the UK for at least 12 months
- evidence of a work permit/visa with at least two years left to run until expiry must be provided
- applicants must have their salary paid into a UK bank account
Please note that indefinite leave must be evidenced by a stamp in a currently valid passport or written confirmation from the Home Office.
Any applicants who do not have indefinite leave to remain in the UK but who can meet all the above criteria can be referred to a Specialist Underwriter who will assess the individual application and approve it where appropriate.
