Foreign National Mortgages

A foreign national mortgage allows individuals without UK permanent residency to buy or refinance property in the UK. It is specifically designed for overseas investors, expats, and those living in the UK on a visa.

Yes, foreign nationals can get a mortgage in the UK. Specialist lenders consider visa type, length of stay, income, and credit history when assessing applications from non-UK citizens.

Typical requirements include proof of identity (passport or ID card), proof of income, visa details, UK bank account statements, and sometimes a UK credit history. A larger deposit is often needed compared to standard UK mortgages.

Most lenders require a deposit of at least 25%–35% for foreign national mortgages. However, exact amounts depend on your visa type, financial situation, and whether you are a resident or non-resident.

While not always mandatory, having a UK bank account can make the mortgage process smoother. Some lenders may require it to assess your financial stability and for ease of transferring funds.

Major banks like HSBC, Barclays, Santander, and NatWest, along with specialist lenders such as Skipton International and Market Harborough Building Society, offer foreign national mortgage products.

Yes, many lenders offer buy-to-let mortgages to foreign nationals. These often have stricter criteria, including higher deposit requirements and proof of rental income projections.

Foreign nationals can apply for first-time buyer mortgages, although eligibility depends on visa status, residency duration, credit history, and financial profile. Specialist lenders are often more flexible.

No, purchasing a property does not automatically grant UK residency. Residency is governed by UK immigration laws, and owning property does not influence your immigration status.

At Kerr & Watson, we specialise in guiding foreign nationals through the UK mortgage process, offering access to specialist lenders, tailored advice, and support from initial application to mortgage offer.