Monday 1 December

For a residential mortgage, which Lenders would lend over 75% LTV for a foreign national without permanent rights to reside?

80-85% LTV: Beverley BS, Buckinghamshire BS, Cambridge BS, Foundation Home Loans, Gatehouse Bank, Hodge, HSBC UK, Mansfield BS, Suffolk BS, The Mortgage lender, Tipton & Coseley BS, Vida home loans

90-95% LTV: Barclays, Chorley BS,  Darlington BS,  Gen H, Halifax, Hinckley & Rugby BS, Metro Bank, NatWest,  Nottingham BS, Perenna, Principality BS, Skipton BS and West One.
Please note, foreign national policies and LTVs are commonly dictated by varying criteria such as address history, visa expiry dates and minimum incomes. For further assistance, please contact the Mortgage Helpdesk!


Spotlight on Skipton
Applicants on a Visa are acceptable, and income may be used in the affordability calculation subject to the following:

• Minimum 1 year of residency in the UK.
• Maximum 90% LTV (the LTV restriction can be disregarded where one or more applicants are UK nationals or have Indefinite Leave to Remain).
• Minimum 2 years remaining on the Visa*.

*In cases where the remaining time on the Visa is less than 2 years, we may be able to consider the application. However, if the remaining time on the Visa is less than 6 months, then the application is unlikely to be approved.
See criteria

 

Tuesday 2 December

For a Construction Industry Scheme (CIS) contractor, which Lenders will not treat the applicant as self-employed and use the CIS vouchers for affordability?

Bluestone Mortgages, Halifax, Hinckley & Rugby BS, NatWest, Newbury BS, Pepper Money, Saffron BS, Skipton BS, The Mortgage Lender and United Trust Bank.

Wednesday 3 December

Which Lenders would consider using earned income up to the age of 75*, without proof of pension?

Aldermore, Barclays, Beverley BS Bluestone Mortgages, Buckinghamshire BS, Cambridge BS, Chorley BS, Clydesdale Bank, Co-operative Bank for Intermediaries, Darlington BS, Dudley BS, Earl Shilton BS, Family BS,  Foundation Home Loans, Gatehouse Bank, Gen H, Halifax, Harpenden BS, Hinckley & Rugby BS, Hodge , Kensington, Leeds BS, LiveMore, Market Harborough BS, Mansfield BS, Marsden BS, Melton BS, Metro Bank, NatWest, Nottingham BS, Pepper Money, Principality  Saffron BS, Santander, Suffolk BS, The Stafford BS, Tipton & Coseley BS, Virgin Money, and West One.
 

Thursday 4 December

Which Lenders will allow the applicant to use their excess personal income towards the rental calculation for a buy to let mortgage (top-slicing)?
Accord, Bank of Ireland, Bath BS, BM Solutions, Buckinghamshire BS, Cambridge BS,  Dudley BS, Gatehouse Bank, Hampshire Trust Bank, Hanley,  Harpenden BS, Hinckley & Rugby BS, Kensington, Leek BS, Mansfield BS, Market Harborough BS, Metro Bank, Market Financial Solutions, The Loughborough BS, Newbury BS, Penrith BS, Precise, Saffron BS, Skipton BS, Together, Virgin Money and Zephyr Homeloans.

In addition, the following Lenders allow lending based purely on affordability, similar to a residential mortgage:
Barclays, Clydesdale Bank, The Co-operative Bank for Intermediaries, Dudley BS and Vernon BS.
 

Friday 5 December

Which Lenders will consider lending to a first time landlord purchasing a HMO property?

Castle Trust Bank, Foundation Home Loans, Hampshire Trust Bank, Kent Reliance, Kensington,  Market Financial Solutions,  Quantum Mortgages,  Together, Vida home loans and West One.

Keystone and Landbay - No experience required for up to a 6 bedroom property.

Castle Trust Bank , HTB, Market Financial Solutions, Quantum Mortgages, Together and West One- would even consider a first time buyer!