Applicants working in the UK on a skilled worker or health & care visa may now qualify for residential mortgages up to 90% LTV. 

Laura Sneddon, head of sales and distribution at Hinckley & Rugby Building Society, explores the untapped potential in the visa buy-to-let market through clients who are...

The latest mortgage enhancements support skilled overseas workers and landlords.

The lender has also expanded the list of acceptable visa types.

UK visa holders’ income will now be considered as part of affordability assessments for foreign national applicants.

The Society has increased its maximum LTV to 90% for skilled worker visa applicants with new fixed rate product.

The range is available for new build buyers, in partnership with Own New.

The Society has also expanded its visa lending criteria for both residential and buy-to-let propositions.

Hodge’s Resi and Resi Retire offerings will have a new threshold for foreign nationals.

The society has removed minimum income thresholds and restrictions on the time remaining on visas.