UK Residency – We get lots of enquiries from clients who do not hold UK passports or indefinite leave to remain in the UK. Although this can cause an issue with most lenders, it is still possible to obtain a mortgage.
Most high street lenders will be okay if you have at least a 25% deposit. With a lower deposit there are lenders who will accept an application as long as you have lived in the UK for a period of time, usually at least two years. If you hold an EU passport, this has previously not caused any issues in obtaining a mortgage, however all lenders will now expect you to have applied for your UK settlement status.
JF Financial Solutions has access to the majority of lenders and has experience in dealing with these types of mortgages. Please contact us today if you would like guidance on your options.