Helping foreign nationals without leave to remain secure a mortgage
David Binney, head of sales at Norton Home Loans, looks at the barriers facing foreign nationals without leave to remain when applying for a mortgage, how specialist lenders can support them, and what brokers need to consider when advising these clients.
The learning objectives for this article are to:
- Understand the challenges foreign nationals without leave to remain face when applying for a mortgage.
- Identify the specialist mortgage solutions available to these borrowers.
- Evaluate key risk factors, lending criteria, and compliance considerations for brokers.
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