Getting a mortgage as a non-Uk resident may be possible based on your individual circumstances.

The main worry when attempting to get a mortgage as a non-UK resident is proving your income and being able to prove that you are who you say you are.

If you can overcome these two hurdles then the next challenge when trying to get a mortgage as a non-UK resident will be proving your source of mortgage deposit

The good news is that getting a mortgage as a non-Uk resident is indeed very possible as there are a hand of specialist mortgage lenders who may offer mortgages, remortgages and even short term financing to non-UK residents so they may purchase homes in the UK.

You may need to use a specialist mortgage broker who has some experience of dealing with mortgages for non-UK residents.

To get a mortgage as a non-UK resident you may be required to pay a bigger [mortgage deposit}and you will likely receive a high loan to value rate such as 95%.

Types of non-UK resident mortgages

As a non-UK resident, you may be able to get a host of mortgages including:

Can you get a mortgage as a non-Uk resident if you are self-employed?

Yes, you may be able to get a mortgage if you are self-employed and a non-UK resident but you may find it even harder to prove your income.

A self-employed mortgage broker with experience of dealing with mortgages for non-UK residents may be able to help you.

Are there any nationalities that are banned from getting mortgages as non-UK residents?

Yes, there may be some nationalities that may not be able to get UK mortgages but this could be because of sanctions rather than due to their individual circumstances.

Do you need a UK visa to be able to get a mortgage as a non-UK resident?

No, you dont need a UL visa to get a mortgage as a non-UK resident. IF you did have a visa then you may find that there are more mortgage lenders willing to lend to you.

What are the eligibility requirements for non-UK resident mortgages?

Typically you will need to meet the below requirements but you may still be able to get a mortgage without them.

If you are not an EU national:

  • You must be able to demonstrate at least 2 years’ prior residency in the UK.
  • You must have a UK bank account.
  • You must have a permanent job in the UK.

If you are an EU national

You must be able to demonstrate at least 2 years’ prior residence in the UK.

You must have permanent right to remain in the UK or indefinite leave to remain or at least a valid UK work permit.

You must have a UK bank account.

You must have a permanent job in the UK.

If you have a permanent residence, indefinite leave to remain or a working permit then most mortgage lenders may accept this.

You may still be able to get a UK non-resident mortgage if you have a tier 1 or tier 2 visa. Or any of the below:

A residence Card

A family of a Settled Person Visa

A UK Ancestry Visa

Can you get a mortgage if you are not a permanent resident?

Yes, you can get a mortgage even if you are not a permanent resident. If you are a UK resident it will be much easier but if you are a non-UK resident then getting a mortgage may be a bit harder but not impossible.

Can expats get a UK mortgage?

Yes, there are many mortgage lenders who specialise in mortgages for expats. Getting a mortgage as an expat will be very much possible.

Can you get a mortgage if you don’t live in the UK?

Yes, you don’t have to live in the UK to get a mortgage. As long as you can prove your mortgage affordability and meet the regulatory requirements concerning proof of funds, identity etc you should be able to get a mortgage in the UK.

If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.

You can also contact the debt charity “Step Change” if you are in debt and need help.

John Bate

John has 22 years of experience in financial services. This spans across financial research, financial services (As a qualified mortgage broker and underwriter), financial trading and sales at global investment banks. While working as a publishing research analyst, he covered European bank credit and advised institutional clients on investment strategies at both JP Morgan and Societe Generale. John has passed all three levels of the CFA (Chartered Financial Analyst) programme.