Getting a UK Mortgage whilst on a Visa
Whether you’re looking to buy your first UK property, invest in property, remortgage a property you already own be that your residential home or your buy to let property, we help you navigate the mortgage process. Getting a UK mortgage whilst on a VISA can be more difficult than a standard mortgage application due to the increased risk for lenders, but also your circumstances. Your Visa status, length of time in the UK, deposit size, length of time remaining on your visa and income. Some lenders may be comfortable with your circumstances, whilst others may not be.
That is where specialist advice can make a difference.
We understand how mortgages work if you do not have indefinite leave to remain and can help you navigate the mortgage market and find you the best option that fits your circumstances.
We can help with:
- Buying a property in the UK whilst being on a tier 2 visa.
- Buying a property in the UK whilst being on a graduate Visa
- First-time buyers
- Buying a property and you have less than 1 year remaining on your visa
- Buying a property and your deposit is 5% without indefinite leave to remain.
How we help
1 – Understand your circumstances
We start the process by getting to know your full situation, income, employment, expenditure, existing properties and plans for the future.
2 – Identify suitable lenders
Not every lender treats expat applications in the same way. We look at the details of your circumstances and identify mortgage options available to you.
3 – Submit your application
We understand what documents are required and present your application to the lender clearly.
4 – Manage the process
From your initial enquiry through to completion, we help guide you through the process and keep you informed along the way.
Frequently Asked Questions
Can I get a UK mortgage without Indefinite Leave to Remain?
It may be possible to get a UK mortgage without Indefinite Leave to Remain. Lenders can have different criteria for applicants who are living in the UK on a visa.
Can I get a mortgage while on a UK work visa?
Some lenders may consider mortgage applications from applicants on UK work visas. Your visa type, time remaining on your visa, income, deposit and other circumstances may be considered.
Can I get a mortgage on a Graduate Visa?
Some lenders may consider applicants on a Graduate Visa, although criteria can vary between lenders. Your income, deposit, UK residence and remaining visa term may all be relevant.
Can I get a mortgage with less than one year left on my visa?
It may be possible, depending on the lender and your individual circumstances. Lenders can have different requirements regarding the amount of time remaining on a visa.
Can foreign nationals get a UK mortgage with a 5% deposit?
Some lenders may consider applications from foreign nationals with a 5% deposit, although eligibility will depend on the lender’s criteria and the applicant’s circumstances.
Can I remortgage while on a UK visa?
It may be possible to remortgage while living in the UK on a visa. The options available will depend on your visa status, remaining visa term, income, property and lender criteria.