Foreign National Mortgages

Foreign National Mortgages

Foreign National Mortgages - Foreign national mortgages are mortgages sought by individuals who are foreign nationals. In recent years, many UK banks and building societies have become increasingly reluctant to offer foreign national mortgages. Loans have been capped by many lenders at a maximum of £500,000 and those who seek foreign national mortgages have often had their application rejected by the increasingly risk averse providers.

Those seeking to secure foreign national mortgages with an EU passport should find less difficulty when completing their foreign national mortgages application. Nevertheless, those outside the EU will require certain documentation to be provided. A UK work permit or visa with sufficient open ended permission to live in the UK is essential for a mortgage to be obtained. The applicant will also find better rates and higher chances of a successful application if they have lived in the UK previously or have funds in a UK bank account.

On the other hand, even with the necessary documentation it can be problematic for an individual to secure a mortgage for foreign nationals at a suitable and affordable rate. This is where Capital Fortune can help. Our role is to obtain the optimum financial result for you.

Our advisers have substantial experience in obtaining foreign national mortgages for clients with a variety of needs. We offer bespoke advice to allow you to secure a foreign national mortgage which is suitable for your particular circumstances. As a comprehensive panel of lenders mortgage broker, we carry out a comparison of the available foreign nationals mortgage and consider a range of providers when recommending a package. We will not recommend a product unless it suits your individual needs and requirements. Importantly, we will inform you of any hidden charges or conditions to ensure the foreign national mortgage we recommend is right for you, beyond the headline rate.

Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.

How to get in touch

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Selected UK Mortgages for Foreign Nationals

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 04/04/2016.

CodeInitial
Rate
Mortgage
Type
For /
Until
Subsequent
Rate
APRCEarly
Repayment
Charge
Fixed Lender
Fees
% Lender
Fees
Notes
001 1.24% Tracker 30/06/2018 3.99% 3.72%

3% of original loan to be paid until 30/06/2017, Then 2% of original loan to be paid until 30/06/2018.

£999 None

Max 60% LTV Residential

Tier 1, 2, Ancestry and Spousal Visa. No minimum time in UK or left on visa subject to credit score.

002 1.44% Tracker 30/06/2018 4.00% 3.72% 1% of loan to be paid until 30/06/2017, Then 0.5% of loan to be paid until 30/06/2018, 10% capital repayments allowed per year without penalty. £995 None

Max 60% LTV Residential

Tier 1, 2, Ancestry and Spousal Visa. Min time left on visa 6 months. Min time in UK 6 months.

Alternatively, any visa jointly applying with a British National.

003 3.29% Fixed 30/06/2018 3.99% 4.03%

3% of original loan to be paid until 30/06/2017, Then 2% of original loan to be paid until 30/06/2018.

£999 None

Max 90% LTV Residential

Tier 1, 2, Ancestry and Spousal Visa. No minimum time in UK or left on visa subject to credit score.
004 2.50% Fixed

30/06/2018

4.00% 3.86% 2% of loan to be paid until 30/06/2017, Then 1% of loan to be paid until 30/06/2018, 10% capital repayments allowed per year without penalty. £995 None

Max 90% Residential

Tier 1 visa only. Min time left on visa 6 months. Min time in UK 6 months.

Alternatively, any visa jointly applying with a British National.

005 2.59%

Buy to Let Fixed

30/05/2018 5.35% 5.23%

 

3% of loan to be paid until 31/05/2017, Then 2% of loan to be paid until 31/05/2018, 10% capital repayments allowed per year without penalty.

 

£1999 None

Buy to Let max 60%

Tier 1 visa required