Non-UK nationals who do not yet have ‘indefinite leave to remain’, but have shown stability via a UK residency and employment on a Skilled Worker VISA or Health & Care VISA may now be eligible under Bluestone’s criteria up to 90% LTV.
To qualify, clients will need to provide proof of a minimum of 1 year’s residency in the UK, a valid UK work VISA (with at least 6 months remaining) and a minimum income of £50,000.
This enhancement, when combined with our existing criteria and holistic approach to underwriting, provides those who do not yet have ‘indefinite leave to remain’ an opportunity to purchase a property, even with a credit profile that high street lenders may deem ‘unlendable’.
To find out more, please read our product guide below:
- Minimum income £50,000 (for the applicant on the visa)
- 6 months + remaining on VISA at application
- Minimum 12 months UK Residency at application
- LTV restrictions:
12 months + residency – up to 80% LTV
24 months + residency – up to 85% LTV
36 months + residency – up to 90% LTV
Contact you BDM for more info or help.
Bluestone Mortgages