Skilled Worker visa holders are a crucial part of the UK’s workforce. In the year ending September 2022, the Government recorded that there were 61,240 grants to main applicants of Skilled Worker visas, and an additional 61,414 grants to main applicants of Skilled Worker ‘Health and Care’ visas.
That’s a pretty hefty army of foreign nationals who are contributing to the UK’s economy, so shouldn’t we do our best to support these people in buying their homes in the same way we do our native residents?
We think so, and we’ve reviewed our criteria and made some helpful enhancements to support this vital workforce, as well as British Nationals Overseas:
We’ve reduced the requirement for employment records, and for residency remaining on the current visa from the usual three years to two.
We’ve broadened our criteria to allow those earning below £50k to borrow up to 75% LTV.
For more information about all of our criteria enhancements visit our recent article.
If you have clients who you feel could benefit from these updates, why not give us a shout and see what we can offer? We’re keen to help these skilled workers buy their own homes, and our team is here waiting to take your call – in less than 5 seconds!
We are continually making improvements to our products and criteria, which could deliver just what you’re looking for. To be notified on the day of any changes to our product range, and to be first to hear about important updates, sign up for our newsletter – and you will get this information directly to your inbox.