Hinckley & Rugby Building Society has launched a new range of mortgages aimed at helping skilled foreign workers and Health & Care Worker visa holders purchase homes in the UK.
This initiative is designed to address common barriers such as the need for a minimum income, UK residency duration, and remaining visa length, with offers up to 95% loan-to-value.
Laura Sneddon, head of mortgage sales, said: “Bringing their essential skills to the UK, and committing to a new life here, skilled foreign workers deserve the opportunity to feel they truly belong, and owning their own home is a big part of that.
“They’re vital to the national interest, contributing much-needed skills to essential services like the NHS, and we feel that enabling them to own their own home sooner rather than later is incredibly important.”
Christopher Holmes, products senior manager, added: “We spend a lot of late nights coming up with new products and making adjustments to existing products, for the single purpose of delivering what homebuyers really need in today’s world.
“We live in an inclusive country, and it’s time the UK showed its skilled foreign workers how much we value them being part of our society. In our own small way, that’s what Hinckley & Rugby has set out to achieve with our new mortgages for skilled foreign workers.”
