Nottingham BS enhances mortgage criteria for foreign nationals

The Society will now accept global talent and pre-settlement visas.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
7th August 2024
Nottingham
"We are delighted to continue expanding our mortgage offering and help people with different, diverse circumstances to settle in the UK."
- Alison Pallett, sales director at Nottingham Building Society

Nottingham Building Society is expanding its mortgage criteria to support skilled foreign nationals settling in the UK.

Global talent and pre-settlement visas will now also be accepted in addition to the already accepted skilled worker, health and social care and tier 2 visas.

The global talent visa is designed for individuals with specialised industry skills. Applicants with this visa require no minimum salary and the person does not have to be working with a specific employer.

Pre-settlement visas are available to EU and Swiss nationals who were living in the UK as of 30th June 2021, allowing European foreign nationals to work and live in the UK indefinitely.

Nottingham Building Society launched its foreign nationals proposition in May, with decisions in principle from over 30 different nationalities to date.

Alison Pallett, sales director at Nottingham Building Society, said: “We are delighted to continue expanding our mortgage offering and help people with different, diverse circumstances to settle in the UK. We will now be able to support even more talented professionals from around the world, who make substantial contributions to the UK, in achieving their homeownership goals.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.