Typically, lenders frown upon mortgage applicants who have frequent address changes or non-residency, listed on their credit file. This information brings down your credit score and lenders air on the side of caution when it comes to lending up to 75% of the property purchase price.
If you are seeking a mortgage on a Highly Skilled Migrant visa and looking to borrow more than 75% of your chosen property purchase price, you will have limited mortgage options available to you. This is where the experience of a medical mortgage broker can help you. If you have a reasonable deposit, we have access got lenders who will work around temporary visas and limited UK residential history.
If you are relocating within the UK due to short-term contracts, then you may be looking to purchase a property, buy to let, or let to buy. We can help you realise your property dreams with a range of mortgage options that factor in to account limited deposit contributions and not get hung up on the fact you don’t have a long-term contract.