News
West Brom Building Society launches mortgage range for foreign nationals
The new range offers fee-free 2-year fixed rates at 5.34% up to 80% LTV, 5.45% up to 90% LTV, and a 5-year fixed rate at 5.40% up to 80% LTV.Â
Foreign nationals
News
Santander UK increases foreign national mortgage LTV to 90%
Applicants with at least one year’s UK residency need a minimum income of £50,000 for single applicants or £75,000 for joint applicants.
Residential Mortgages
Hodge Bank expands foreign national criteria with lending up to 95% LTV
The lender also reduced its minimum UK residency and employment history requirements from two years to one year and removed the minimum income requirement.Â
News
Foreign nationals locked out of homeownership by outdated mortgage criteria, Gen H finds
Data showed that only 27% of brokers said placing cases for foreign nationals was straightforward.Â
News
Vida Homeloans expands foreign national policy across all BTL products
More overseas borrowers can now access homeownership and investment opportunities.
News
Melton Building Society launches foreign national mortgage range
The products are aimed at borrowers who are living and working in the UK but do not hold permanent residency and wish to purchase a property.
News
RAW Capital Partners expands interest payment criteria to include foreign nationals
This latest change aims to cut costs and reduce the hassle of servicing mortgage debt from overseas.
News
RAWÂ Capital Partners introduces fee-free mortgage overpayment option
New customers can make a single overpayment of up to 10% of their outstanding loan balance each year without early repayment charges (ERCs).
News
Vida enhances criteria to improve access to homeownership for more borrowers
Vida has introduced new affordability and credit criteria changes aimed at supporting more foreign national and credit-impaired borrowers.
News
Halifax eases mortgage rules to boost homeownership for non-UK nationals
Effective from 14th November, Halifax will lower the minimum income requirement for applicants who have lived in the UK for at least one year.
News
Together cuts rates to support foreign investment in UK property
The specialist lender, which has a loan book of nearly £8bn, will reduce rates by up to 1.50% for overseas investors.
Opinion
Why relaxed mortgage rules for foreign nationals are a win for homeownership
Zita Latham, founder of Zita Latham Mortgages, discusses how relaxed mortgage rules are helping more foreign nationals buy UK homes.