Foreign Nationals

The term foreign national applies to non-UK passport holders. When it comes to getting a mortgage for people on visas there are several things to consider.

Time in the UK is the first thing to consider. Most lenders will require at least 2 years residency.

Type of visa is another factor. Whether it's a tier 1 or2 visa, work visa, spousal visa or something else your mortgage adviser will be able to determine the right lender. The time left on the visa is also important to note as some lenders require a minimum of 2 years remaining.

Deposit amount required can vary from lender to lender. whilst most lenders require a minimum of 25% deposit, there are lenders that can accept as little as 5%. The deposit requirements will vary depending on the above two points

Smile Finance Limited is registered in England and Wales with Registration Number 16102809 | Registered Office: 128 City Road, London, Islington, EC1V 2NX | ICO No. ZB821665 | Smile Finance Limited is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority (FCA Number 1023832) | The Right Mortgage Limited. Registered address: St Johns Court, 70 St Johns Close, Knowle, Solihull, B93 0NH | Registered in England and Wales. Company no. 08130498

Some forms of buy-to-let mortgage are not regulated by the Financial Conduct Authority. the guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. Telephone calls made to us may be recorded and used for training and/or regulatory monitoring purposes.

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Foreign Nationals

Foreign Nationals

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