Nottingham Building Society has made improvements for foreign nationals and returning expats by updating its mortgage products.
The changes, effective immediately, aim to provide more accessible options for skilled foreign workers and expats looking to settle in the UK.
The updates include expanded visa acceptance to incorporate Global Talent, Pre-settlement, UK Ancestry, British National Overseas (BNO), Health & Care Worker, Skilled Worker (Tier 2 if granted before 1st December 2020), and Dependant visas for joint applicants.
Additionally, the society reduced rates by up to 0.10% on its 2-year foreign nationals and returning expats mortgage range.
Nottingham Building Society’s foreign national mortgage offering, launched earlier this year, supports skilled foreign nationals settling in the UK.
Alison Pallett (pictured), sales director at Nottingham Building Society, said: “Our goal is to ensure that we offer attractive and flexible products to meet the unique needs of our customers – from skilled foreign nationals and returning expats, to those looking for specific options like Retirement Interest Only or Buy-to-Let.
“Expanding our visa acceptance criteria and adjusting rates and terms are important steps in continuing our commitment to making homeownership accessible for individuals with wide-ranging residency backgrounds, ensuring we can support anyone who aspires to own their own home.”
