Foreign nationals on a Skilled Worker Visa, Global Talent Visa, or Health and Care Worker Visa can now apply for a mortgage of up to 90% of the property value, including shared ownership loans.
To qualify, applicants must have lived in England or Wales for at least two years. For joint applications where one applicant holds permanent residency (or pre-settled/settled status), the loan-to-value (LTV) increases to 95%, requiring just a 5% deposit.
Kathy Bowes, Intermediary Manager at The Cambridge, said:
“We are pleased to further strengthen our support for foreign nationals by increasing the loan-to-value to 90%. This change demonstrates our commitment to helping individuals who are looking to live and work in the UK after successfully applying for a visa.”
“For 175 years, we’ve been helping people buy their own homes, and we’re delighted to extend this support to key professionals and workers who want to call the United Kingdom home.”
The expanded offering recognises the demand for skilled professionals such as doctors, nurses, teachers, civil engineers, programmers, and care workers.
By increasing LTV limits, The Cambridge is making homeownership more accessible to those who contribute to the UK’s workforce and economy.
If you would like to discuss a product or talk through a case, call The Cambridge on 0345 601 2744 or email the team at intermediary@cambridgebs.co.uk.
For more information visit www.cambridgeforintermediaries.co.uk.
