Nottingham BS enhances mortgage criteria for foreign nationals

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.”