The Cambridge will now consider mortgage applications from foreign nationals on either a skilled worker visa (Tier 2), global talent visa (Tier 1) or health and care worker visa, up to 80% loan-to-value (LTV).
Applicants must have been a resident in England or Wales for the past two years and have a 20% deposit from their own sources.
For applications in joint names, where one applicant holds permanent right to reside in the UK the maximum LTV increases to 95%, with only a 5% deposit required.
Kathy Bowes (pictured), intermediary manager at The Cambridge, said: “Since leaving the European Union, all foreign nationals looking to live and work in the United Kingdom must have successfully applied for a visa and we’re delighted to be able to help these individuals purchase a home.”
