Specialist Mortgage Advice

CALL US ON

0203 621 5696 or 01983 555 000

Call 24 hours a day

MENUMENU
MENUMENU
  • Home
  • Purchase
        • Been Declined For a Mortgage?
        • Mortgages for Expats
        • Mortgages for First Time Buyers
        • Foreign Nationals
        • Mortgages for the Over 60’s, 70’s & 80’s
        • Armed Forces Mortgages
        • Contractors
        • Mortgages with Gifted Deposit
        • Interest Only
        • Guarantor Mortgages
        • Large Mortgages
        • Historic Credit Issues
        • Right to Buy
        • Second Home
        • Shared Ownership Mortgages
        • Failed Credit Score Mortgage
        • Graduate Mortgages
        • Help to Buy Mortgages
        • Joint Applicant Sole Proprietor Mortgages
        • Lending into Retirement Mortgages
        • Loaned Deposit Mortgage
        • Mortgage Advice and Advisers
        • Mortgage Difficulties
        • Mortgages for CIS Contractors
        • Mortgages for Keyworkers
        • Mortgages for Pieceworkers
        • Mortgages for Short Term Contractors
        • Mortgages for Temps and Zero Hour Contractors
        • Over 60’s Right to Buy
        • Professionals
          • Mortgages for Accountants
          • Mortgages for Barristers
          • Mortgages for Dentists
          • Mortgages for Doctors
          • Mortgages for Pharmacists
          • Mortgages for Professionals
          • Mortgages for Solicitors
          • Mortgages for Teachers
          • Mortgages for Vets
          • Locum Income Mortgages
        • Unusual Property
          • Mortgage for Flat Above Commercial Property
          • Mortgage for Property with Agricultural Tie
          • Mortgages for Flats and Maisonettes
          • Flying Freehold Mortgages
          • Mortgages for Live Work Units
          • Mortgages for Listed Buildings
          • Mortgages for Retirement Flats
          • New Build
          • Part Commercial
          • Unusual Property
          • Bed and Breakfast Mortgages
          • Mortgage for House with Holiday Cottage
          • Mortgage for House with Stables Kennels Cattery
          • Thatched Property Mortgage
        • Self-Employed
          • Mortgage with LLP Drawings
          • Mortgages with 1 Years Accounts
          • Mortgages with No Accounts
          • Newly Self Employed Mortgages
        • Non Standard Income
          • Mortgage with Benefit Income
          • Mortgage with Bonus Income
          • Mortgage with Commission Income
          • Mortgage with Complex Income
          • Mortgage with Foreign Currency Income
          • Mortgage with Maintenance Income
          • Mortgage with Maternity Pay
          • Mortgage for Non UK Tax Payers
          • Mortgage with Offshore Income
          • Mortgage with Trust Income
          • Mortgages with Lodger Income
          • Mortgages 5 and 6 Times Salary
          • Foster Income Mortgages
          • Mortgage with Investment Income
          • Mortgage with Pension Income
          • Mortgage with Rental Income
          • Mortgages for Pilots and Aircrew
          • Mortgages for Seafarers and Yacht Crew
  • Remortgage
    • Unencumbered Remortgage
    • Day 1 Remortgage
    • Debt Consolidation Remortgage
    • Home Improvements Remortgage
    • Divorce Mortgages
    • Help to Buy Remortgages
    • Remortgage Within 6 Months
    • Remortgages for Home Extension
    • Remortgages to Capital Raise
    • Tax Purpose Remortgage
  • Buy to Let
    • Let to Buy
    • First Time Buyer Buy to Let
    • Holiday Let
    • Corporate Let
    • Student Lets and HMO Mortgages
    • Buy to Let DWP Tenants
    • Buy to Let for Family Member
    • Buy to Let Multiple ASTs
    • LLP Buy to Let
    • Limited Company Buy to Let
    • Low Rental Buy to Let Mortgages
    • Multi Unit Buy to Let Mortgages
    • Portfolio Landlord Mortgages
  • Calculators
    • Buy to Let Calculator
    • Mortgage Payment Calculator
    • How Much Can I Borrow?
  • About Us
  • Blog
  • Contact Us

Mortgages for Foreign Nationals

  • Tier 1 & 2 Visas
  • Ancestry & Entrepreneur
  • Spouse Visas
  • No Minimum Time in UK
  • No Minimum Time on Visa
  • From 5% Deposit
  • Foreign Currency Income
Feefo logo

Mortgages for Foreign Nationals

The rules and criteria for foreign nationals obtaining a mortgage in the UK are complex. Typically, customers using our service tell us they have spoken to their bank or other mortgage consultant, only to be let down at the last minute. A number of mortgage lenders provide decisions in principle to foreign nationals, but when it comes to the full underwrite, soon realise that they pose very different challenges. This can lead to both disappointment and the inevitable wasted costs and energy on both sides.

We deal with numerous foreign nationals on a visa, looking to buy their first home. On contact, they often tell us they are nervous about the whole finance process. There are thousands of loan products being advertised nationally but they appreciate they may not meet the criteria for the majority of the advertised interest rates. They share with us that they are anxious they will get caught out by the small print.

Many foreign nationals we speak to want to own their own home, or take advantage of the right to buy and see it as a more cost effective option to renting. In addition they understand that on becoming a UK homeowner, their eventual entitlement to permanent rights to reside may be strengthened.
Read More >>

The also appreciate that the terms of any Visa are not indefinite and we will need to assess how long remains from the outset.

Our Process

As a UK specialist mortgage company, we understand that buying a home, for most people including skilled migrants, is the biggest single investment they make. It therefore pays to seek proper professional advice from an expert.

On making contact, we will assess your situation and the terms of your visa, be it a skilled migrant visa or other form of permissions. We will look at your time here in the UK and consider both the family and employment ties you have secured. We will look at the time remaining on your Visa and also consider the long term affordability of the mortgage, based not on interest rates today, but also those longer term.  This will make sure you can fully satisfy the lender of your financial commitments and can meet the repayments and monthly instalments.

We will seek to produce you a formal decision in principle from the finance provider and this document is important, given it will allow you to show it to estate agents, will clearly let them know you are serious and in the market to purchase a new home. It will officially indicate your ability to obtain credit and provide you, the customer, with the assurance, that once the flat or house purchase is agreed, you are able to complete on the transaction.

The decision in principle will be accompanied by a helpful detailed loan illustration which provides full details on the set up costs and charges of the finance. This will include not only the initial interest rate, but future interest rates, lender arrangement fees and any penalty periods. We will also be able to indicate to you upfront, the incidental liabilities and costs such as valuation and survey charges, solicitor’s fees and stamp duty. It is these charges, which can often be hidden when comparing mortgage products and full disclosure, allows you to make an informed choice.

Deposit Requirements

We understand that foreign nationals in the UK, trying to obtain a foot on the property ladder, may not necessarily have a substantial deposit.  Even if you have a modest deposit we may be able to assist.

Many customers tell us they have previously experienced difficulty when money, being used for the deposit, is abroad in a foreign bank account. There are a range of UK anti-money laundering regulations and often, foreign nationals run into difficulty when these regulations are applied. Lenders understandably, often want clients to have been saving regularly from income sources derived from the UK and these funds may need to be evidenced in a UK bank account.

We are specialists in this area and will be able to advise on your first telephone call to us as to whether you will fall foul of the regulations or whether we can provide an appropriate, lawful explanation to the lender, to accept the income coming in from abroad. We are typically successful in these circumstances.

Types of Visa

There are a number of visas issued in the UK. The Tier 1 visa, previously known as the High Skilled Migrant Visa is often granted to professionals or those with a skill-set in high demand. This allows the holder to work anywhere in the UK.

Tier 2 visas are usually employee sponsored visas and the rights under such an arrangement are more limited. In the event the holder was made redundant or was unemployed, the rights to reside in the UK expire as they are dependent on the employer effectively sponsoring the worker. It is not uncommon for those on Tier 2 visas to experience more difficulty in arranging finance and we are specialists in assisting Tier 2 visa holders.

We also find it is not uncommon for one partner to have a spousal visa or a dependent relative visa. These are also problematic as they are conditional upon the other partner maintaining visa rights and home loan lenders, when making a lending decision, have to build any uncertainty into their finance decision.

We have a particularly specialism for those on entrepreneurial visas and those who may have right to reside through an ancestry visa.

As UK experts in this area, whatever the type of visa you hold, you can be rest assured that we will likely have helped someone in similar circumstances. We use our relationship with the lender to talk through the full circumstances and position the application in order to obtain maximum success. In order to do this, you will need to assist us with full details of your employment, including not only your income, but also an up-to-date CV, your potential future career path and long term intentions to remain here in the UK.

As foreign national mortgage experts we have helped many clients achieve their goal of owning their own home. If you work and live here, we may be able to assist. Call us now to discuss your requirements or simply complete the online enquiry form and One of our specialist consultants, will make contact.

 

Best Deals -Purchase

Lender Initial Rate Type For Then APRC* ERC* Fee
BBV 1.52% Discount 2 years 4.99 4.4 2 years £1493
BMO 1.64% Discount 2 years 4.99 4.5 2 years £1493
BMS 1.69% Discount Aug-2024 5.99 4.6 31-Aug-2024 £1495
BWO 1.75% Tracker 2 years 4.49 3.3 £0
BCV 1.79% Tracker Oct-2024 4.89 3.8 £0
TIP 1.79% Discount 3 years 5.64 4.8 3 years £1505
HSB 1.79% Tracker 2 years 4.04 3.8 £0
HSB 1.79% Tracker 2 years 4.04 3.8 £0
HSB 1.79% Tracker 2 years 4.04 3.8 £0
HSB 1.79% Tracker 2 years 4.04 3.8 £0
*APRC = Annual Percentage Rate of Charge
*ERC = Early Repayment Charge
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search:
Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000;Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; .

The mortgage deals shown above are subject to individual status and a suitable security property. You may not be eligible for some or all of the deals shown given your status and/or the nature of the security property. For a more accurate indication as to mortgage deals you are eligible for, please contact us to discuss your specific situation and/or property.

 

Enquiry - Right Bar SitewideV1

Specialist Low Rate Mortgages

Get started here

  • Specialist Advice
  • No Obligation
I agree for my personal information to be treated as confidential and held in accordance with the Data Protection Act 1998 in order to be contacted with details of services and products in writing, by email or telephone by Rockhopper Mortgages and its agents
Feefologo

Easy to work with.

By: Tim Baldwin
Rob and Alex are very easy to work with and you always feel like they have your back.....
For service -  Remo/Fairlea
Read More

Very thorough, efficient service

By: Duncan Lees
After a very complicated first mortgage five years ago, we were quite apprehensive about the remortg....
For service -  Resi/Remo/Chelveston Road
Read More

By: Ben Hornby
Alex and particularly David have been superb in helping us secure this remortgage which was not easy....
For service -  Resi/Remo/Slyne Road
Read More

Very helpful, professional, and patient throughout what (for external reasons) turned into an except....
For service -  Expat/BTL/Gypsy Road
Read More

David and Alex were very helpful in finding us a lender for our dream home. Thank you!....
For service -  Resi/Purchase/Austrey Lane
Read More

By: Thomas Rae
They managed a remortgage when others could not. Would recommend to others.....
For service -  Resi/Remo/East Argyle Street
Read More

By: Tim Wright
This was an excellent service from start to finish. Due to my circumstances ( paid in dollars) I cou....
For service -  Resi/Purchase/Heatherway
Read More

Excellent service. Delivered my non standard mortgage. Anticipated challenges ahead and collected th....
For service -  Resi/Purchase/Monks Lane
Read More

Had a great experience which resulted in successful purchase of our new home. Thanks to Alex Fryday.....
For service -  Resi/Purchase/Robson
Read More

Very, very helpful and came through when others could not help (30+)

I wanted a mortgage at a particular LTV (20%) for a recent (less than 2 years) immigrant (Tier 2). I....
For service -  Resi/Purchase/Robson
Read More

By: Andy Carmichael
We’ve had exceptional service from David and Alex to a difficult mortgage over the line. They have....
For service -  Expat/BuytoLet/Remo/King Edwards Road
Read More

The best in the business.

Rockhopper has assisted me with my mortgage requirements on a number of properties. On every occasio....
For service -  Resi/Remo/Riddlesdown
Read More

Highly recommended

By: Karl Davies
As a contractor earning salary in foreign currencies, I was unable to secure a mortgage via traditio....
For service -  Resi/Purchase/Hawthorns
Read More

By: Francis Hornyold-Strickland
Great service. Lovely people and ended up with a great rate. My only suggestion would be to move awa....
For service -  ProductTX/Ferndale
Read More

By: Gemma Hartley
A professional service from start to finish, good communication and helped me when other mortgage br....
For service -  Resi/Purchase/Upper St John St
Read More

Rockhopper Mortgages are superbly professional and totally in control.

David Rostron and Alex Fryday of Rockhopper Mortgages were brilliant! I wanted to shuffle my mortgag....
For service -  BTL/Remo/Bay Tree
Read More

Friendly, helpful and professional service.

By: Robert Cammidge
Friendly, helpful and professional service, took the stress out or re-mortgaging.....
For service -  Resi/Remo/Windham Road
Read More

Superb service!

Excellent service from David and Alex, we were guided throughout the whole long process of our mort....
For service -  Resi/Purchase/Curlingham Crescent
Read More

Excellent service

Refreshingly clear and straight forward process with strong, responsive communication.....
For service -  Resi/Purchase/Kenilworth Court
Read More

By: Maurice Pickup
A very professional service.Guided through the process from beginning to end.Kept well informed thro....
For service -  Resi/Remo/Woodbine Cottage
Read More
Independent Customer Feedback
Read all reviews

RockHopper Mortgages is a trading style of RockHopper Origination Limited who is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.

RockHopper Origination Limited is a company registered in England and Wales with company number 10241688. Registered Office:Rockhopper, Blackwell House, Guildhall Yard, London, EC2V 5AE

The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

CONTACT US

Tel: 0203 621 5696
Fax: 0203 621 5697
Email:info@rockhopper.uk.net

Address: Rockhopper, Blackwell House, Guildhall Yard, London, EC2V 5AE

Menu

  • Sitemap
  • Privacy Policy
  • Terms of Business

Connect With Us

  • Facebook
  • Twitter
  • Sitemap
  • Privacy Policy
  • Terms of Business

Copyright © 2022 — RockHopper LTD • All rights reserved. •Web Design by Conceptstore