Specialist Mortgages:

Non UK Citizens

• Expert advice on mortgage finance in excess of £100,000
• Advice on complex income
• Access to banks that provide non-UK citizen mortgage solution’s
• Short and long term lending options
• Professional service

Foreign Nationals Living in the UK

Mortgages offered by high street banks in the UK are generally restricted to those with permanent residency who have lived and worked in the UK for at least 3 years. If you have lived in the UK for less than 3 years, you may still be able to get a mortgage from a private lender. The exact rules for foreign nationals applying for a mortgage in the UK will depend on whether you are from the EU or from a country outside of the EU. Discuss this with our mortgage team.

Mortgages for EU-citizens

If you are an EU citizen, you will normally have a traceable credit history, making it more straightforward to get a mortgage.

You should be able to apply for a standard UK mortgage if:

• You have been resident in the EU for more than 3 years
• You have a UK bank account
• You have a permanent job in the UK

Mortgages for Non-EU citizens

If you are from a country outside the UK, you will not normally have a traceable credit history. This does not mean you won’t be able to get a mortgage, but may restrict which lenders you will be able to borrow from.

To qualify for a standard UK mortgage you should:

• Have been resident in UK for more than 2 years
• Have a permanent job in the UK
• Have permanent residence rights in the UK, or a UK Work Permit
• Have a UK bank account

Getting a mortgage with a UK Work Permit

If you are in the UK on a 'UK Work Permit', you should be able to get a mortgage as long as you meet the other standard requirements.

Some lenders will prefer you to have at least 2 years left on your work permit, but other lenders are more flexible.

How much can I borrow as a non UK citizen?

How much you can borrow through a mortgage as a non UK citizen mainly depends on your income. Typically in the UK you can borrow up to 4.5 times your annual income, however, this ratio can be higher depending on the lender you use and the type of income you're earning.

Things can get complicated if:

• You have multiple sources of income
• You haven't lived in the UK for long
• Your income is unstable
• You have a poor or inconsistent credit history
• You're buying an unusual property
• You have a low deposit (and you're borrowing at a high LTV)

Call our team today to discuss your individual needs.

Tel: 0141 944 7638 / 07944 584 141