expert mortgage advice for foreign nationals with skilled worker visas / tier 2 visas
We are a specialist mortgage advice business established in 1999 and have specific expertise and experience in helping foreign nationals living and working in the UK on Skilled Worker Visas / Tier 2 Visas to obtain a mortgage.
CeMap qualified mortgage and protection adviser Maria Dankova (pictured below) who comes from Russian heritage, but moved to the UK to live and work here in 2000, specialises in providing advice and arranging mortgages tailored to the needs of foreign nationals living and working in the UK.
For Expert Advice ON obtaining a mortgage as a foreign national on a skilled worker visa / tier 2 visa - Book Your 30 Minute Consultation Today
Short FAQs (Frequently Asked Questions) for Skilled Worker Visa Mortgages:
How do I find out if I qualify for a mortgage on a Skilled Worker Visa / Tier 2 Visa?
As with any mortgage, you will have to meet certain criteria, which vary from lender to lender and change all the time. The best way to start finding out how to secure a mortgage as a foreign national on a Skilled Worker Visa is therefore to speak to an specialist, independent mortgage adviser – so please CLICK HERE to book your no-obligation 30 minute consultation with Maria.
What are the key criteria for a mortgage on a Skilled Worker Visa / Tier 2 Visa?
The length of time you have been in the UK, the value of the property you are looking to buy, the amount of deposit you have, your income and your age are some of the most important factors for obtaining a mortgage on a Skilled Worker Visa. However, there are a number of other considerations depending on your situation and each lender has different rules. Speak to Maria to explain your circumstances and what you are looking for and we will be able to help you find the solution that best suits your needs.
What deposit amount will I need?
Again, this will vary depending on how long you have lived and worked in the UK on your Skilled Worker Visa / Tier 2 Visa. If you have been in the UK for less than a year, this can be as high as 25%, but if you’ve been here longer and meet certain criteria, some lenders will accept as little as 5%.
What’s the maximum I can borrow on a Skilled Worker Visa / Tier 2 Visa?
This primarily depends on how much you earn and can be as high as five and a half times your annual income depending on your profession (e.g. doctor). Different lenders have different rules, so Maria will be able to explain your specific options and help you find the mortgage that best suits your needs.
What documents will I have to provide?
You’ll need to be able to provide things like proof of identity, bank statements, pay slips and details of your Skilled Worker Visa status.
What if I have a limited or poor credit history?
Again, different lenders have different rules but, in general terms, the better and longer your credit history is, the wider the choice you are likely to have. If you have a limited or poor credit history, it is generally likely that you will have more limited options and lenders may require a higher deposit and/or offer a higher interest rate. Maria will be able to help you approach this.
We hope this brief set of FAQs will give you some insight into the process for applying for a mortgage in the UK on a Skilled Worker Visa / Tier 2 Visa – but the best advice we can give is to get in touch with a specialist mortgage adviser with specific experience and knowledge in this area, so please book your no obligation 30 minute consultation with Maria today!