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Exploring Mortgages as a non-UK citizen

Getting a mortgage can be a daunting task for anyone, especially if you’re an overseas, non UK-citizen. However, with the right preparation and guidance, it is possible to secure a mortgage and purchase property in the UK.


The UK property market is a popular destination for foreign nationals, with many seeing it as a safe and stable investment opportunity. However, getting a mortgage as a non-UK citizen requires meeting certain criteria and jumping through a few more hoops.

  • The first thing to consider when looking to get a mortgage in the UK as a non-UK citizen is your immigration status. Generally speaking, lenders are more likely to lend to those who have indefinite leave to remain (ILR), as these are seen as more stable and long-term situations. Those on a temporary visa may find it harder to secure a mortgage, but it is not impossible. With our team of Advisors, we will be able to guide you through the process and help to secure you a mortgage.


  • Another important factor is the amount of deposit you have. The more deposit you have, the better your chances of securing a mortgage. UK citizens are often able to secure mortgages with a deposit of around 5%, but non-UK citizens may be required to have a higher deposit, from 10% up to 25% of the property value.


  • It is also important to note that lenders will look at your credit history when considering your mortgage application. This can be tricky for non-UK citizens who may not have a UK credit history. However, there are ways to build up your credit score, such as by getting a UK credit card or mobile phone contract, and making sure you pay your bills on time.


  • When it comes to choosing a lender, it is important to do your research and shop around for the best deal. Some lenders specialise in lending to non-UK citizen’s, while others may not be as willing. This is where our team of Advisors can help you navigate your different lender options and find the best deal for your individual circumstances.


In conclusion, if you have lived and worked in the UK for over 6 months, have a minimum of 10% deposit, and a good credit history, then it is certainly possible to look at applying for a mortgage. By seeking advice from ourselves, we will be able to increase your chances of securing a mortgage and getting on the UK property ladder.






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