Hinckley & Rugby for Intermediaries is pleased to share that we have launched four new two-year discount Visa products, available from 9am on Friday 5 June 2026.
The new products include two residential Skilled Worker Visa products available up to 95% LTV and two Visas Buy-to-Let (BTL) products, including a personal and Ltd Company option, giving brokers greater flexibility when supporting clients living and working in the UK on eligible visas.
The launch follows recent changes to the Society’s Visa criteria, including the introduction of a minimum income requirement of £41,700 for single residential Skilled Worker Visa applicants. The requirement does not apply to applicants employed in teaching roles, the NHS or private healthcare settings. For Buy-to-Let the minimum income for a single Visa Buy-to-Let applicants is £35,000.
The Skilled Worker Visas proposition continues to offer real flexibility, with no minimum time required in the UK and no minimum time remaining on the visa and a manual underwriting process that considers each case individually. This product range accepts applicants from the following visas types: Skilled Worker, Health and Care, Global Talent, BNO and Ancestry.
Skilled Worker Visa product details
Both products are available for purchase and remortgage offering £250 cashback. The products also carry a £800 completion fee and a payable valuation fee. The new products are as follows:
- Visas – 2 Year Discount 5.75% variable (1.14% off Homeowner Variable Rate) – 95% LTV – VISD7
- Visas – 2 Year Discount 5.50% variable (1.39% off Homeowner Variable Rate) – 90% LTV – VISD6
Visas Buy-to-Let product details
Both products are available for purchase and remortgage and carry a £250 application fee, a £999 completion fee, and a payable valuation fee.
- Visas Buy-to-Let 2 Year Discount 5.19% variable (1.70% off Landlord Variable Rate) – 80% LTV – VBD1
- Visas LTD Company – Buy-to-Let 2 Year Discount 5.39% variable (1.50% off Landlord Variable Rate) – 75% LTV – VLD1
Interest Coverage Ratio (ICR) calculations are set at 125% for basic rate taxpayers and 145% for higher and additional rate taxpayers on personal applications, and a flat 125% for limited company borrowers, competitive benchmarks that should support a broad range of landlord clients.
Greater flexibility for complex cases
As with all lending at Hinckley & Rugby, every Visa application benefits from manual underwriting. Rather than relying on automated credit scoring, each case is individually assessed by an experienced underwriter, enabling brokers to discuss complex circumstances and receive a considered, human decision.
Our Visa proposition is designed to support a broad range of borrowers, including those who may not meet the criteria of high-street lenders. Combined with flexible Visa requirements and individual case assessment, the new products provide brokers with additional options for clients seeking residential or buy-to-let finance while living and working in the UK under eligible visa arrangements.
Christopher Holmes, Products & Proposition Senior Manager at Hinckley & Rugby, said:
“We know that many people living and working in the UK on eligible visas can face additional challenges when it comes to accessing mortgage finance, despite having stable incomes and making a valuable contribution to the economy.
“Recent research has highlighted how affordability is becoming an increasing barrier to homeownership, particularly for key workers in sectors such as healthcare, where property prices are often outpacing borrowing power. That’s why it’s important that lenders continue to provide options that help more borrowers achieve their homeownership ambitions.
“These new products further strengthen our Visa proposition, providing brokers with more choice across both residential and buy-to-let lending. By offering lending up to 95% LTV on residential applications and maintaining a flexible approach to eligible visa types, we’re helping intermediaries support a wider range of clients who may find their options more limited elsewhere.”
Stay informed
Want to be alerted when we launch, update, and withdraw our products?
If you would like to keep up to date with our product launches, criteria updates, and any other changes we make to our product range, you can sign up to our email newsletter below and receive this information straight to your inbox.
Chat to our BDMs
Our dedicated Business Development team will be happy to speak to you about any cases you have, explain how our specialist products and flexible criteria can benefit your clients, or answer any questions you have. Get in touch on 01455 894 084. Or send us a message on our Live Chat, our response time is often only seconds!
Please note product details and criteria are correct at launch and are subject to change.
