Many foreign nationals are surprised to learn that there are multiple UK visas for mortgage eligibility, and you don’t need to wait until you have Indefinite Leave to Remain (ILR) to get approved.
While visa type is a big factor in whether you can get a mortgage, it’s not the only thing lenders look at. The key is understanding which visas are widely accepted, and which ones may require a more specialist approach.
Commonly Accepted UK Visas for Mortgage Applications
Below are the most common visa types we’ve helped clients use to successfully secure a mortgage.
1. Skilled Worker Visa
One of the most popular visas among mortgage applicants.
- Accepted by many high street and specialist lenders.
- With a 10% deposit and 12+ months in the UK, you can often secure rates very similar to those offered to UK nationals.
2. Health and Social Care Visa
A subcategory of the Skilled Worker visa, aimed at healthcare professionals.
- Widely recognised by lenders for the stability of NHS and care sector roles.
- Your strong employment record can offset a shorter UK credit history.
3. Tier 1 Investor or Entrepreneur Visas
Although closed to new applicants, many still hold these visas.
- Generally accepted, especially with larger deposits.
- Wealth and assets often help expand lender choice.
4. Spouse / Partner Visa
Allows you to live with your British or settled partner.
- Most lenders accept this visa, but some require your spouse to be on the mortgage application.
- Certain specialist lenders will accept sole applications if your income and affordability are strong.
5. Dependant Visa
Issued to dependants of visa holders.
- Typically requires the main visa holder to be on the application.
- Specialist lenders can sometimes approve sole dependant applications.
6. Graduate Visa
Allows post-study work for two years (three for PhDs).
- Limited lender pool, but possible with a 10–15% deposit.
- Time remaining on your visa will be a deciding factor.
7. UK Ancestry Visa
For Commonwealth citizens with a UK-born grandparent.
- Widely accepted by lenders.
- Competitive rates available with 10% deposit or more.
8. BNO (British National Overseas) Visa
For eligible Hong Kong residents.
- Recognised by many lenders who understand its five-year settlement route.
Seen as offering long-term stability to the lender.
Factors That Matter Just as Much as Visa Type
When it comes to UK visas for mortgage eligibility, your visa is only one part of the picture. Lenders also look at:
- Time in the UK – 12 months or more opens more doors, but some lenders will consider less with the right profile.
- Time left on your visa – Ideally 12+ months, but some lenders accept as little as six months.
- Deposit size – 10% or more opens up competitive rates; 5% is possible but with fewer options.
- Income & affordability – Stable, provable income is key. Lenders consider all credit commitments, dependants, and living costs.
- Credit profile – A clean record helps, but even newcomers can build UK credit through utility bills, credit cards, and mobile contracts.
Should You Wait for Indefinite Leave to Remain?
For most people, no. Waiting for ILR could mean paying rent for years unnecessarily. Many visa holders secure mortgages at rates similar to UK nationals, especially with a 10% deposit and stable income.
If you’re ready to buy, it’s worth getting advice from a broker who specialises in mortgages for visa holders rather than relying solely on high street banks, which may have stricter criteria.
Whether you’re on a Skilled Worker, Spouse, BNO, or Graduate visa, getting a mortgage in the UK is possible, often sooner than you think. The key is matching your visa and financial profile with the right lender from the outset.
For a deeper breakdown of how your visa impacts your mortgage options, read our guide: UK mortgage requirements for visa holders.
At First Time Finance, we’ve helped hundreds of foreign nationals secure mortgages in the UK without ILR, often with the same rates as permanent residents. If you’re ready to explore your options, get in touch and we’ll guide you every step of the way.
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