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Thomas
Thomas, Lawyer
Category: UK Law
Satisfied Customers: 7509
Experience:  BA (Hons), PgDip, Practising Solicitor
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Is it still possible for people on Tier 1 Visa to get mortgage

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Is it still possible for people on Tier 1 Visa to get mortgage ? And if yes, which bank(s)?
Hi

Thanks for your patience.

There is nothing which legally restricts a bank from giving a mortgage offer to a person without Indefinite Leave to Remain, it’s entirely a matter for the lender’s own policy.

Most will not lend if you do not have ILR. If you propose to apply for a mortgage then you should really speak to a mortgage broker about this. They know the mortgage market better than anyone, including solicitors. You should explain from the outset that you require a mortgage offer from a lender for whom not having ILR is not a problem. State that if they are not aware of any then you will not proceed with them.

You will have to do some major shopping around, eventually you may find one. However, if it is not going to be a long until you get ILR then I would wait until then because the you will have a wider range of mortgage choice and rates.

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Kind regards,


Tom
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