NatWest changes foreign national mortgage deposit requirements

by Aaron Strutt

May 28 2022

NatWest Intermediary Solutions has reduced the size of the deposit foreign nationals need to raise to secure one of its mortgages. 

For foreign national customers who do not have permanent right to reside, EU settlement status, or Irish citizenship, the bank has increased its loan-to-value from 70% to 75%. 

Customers are required to pay their deposit from their own resources, so they cannot use a gifted deposit, and in line with NatWest's current policy, the customer's visa must have at least six months remaining.  

Other lenders offering foreign national mortgages 

Halifax for Intermediaries provides lots of foreign national mortgages. The bank requires  permanent right to reside for all applicants on all applications unless the client has lived in the UK for more than five years, or the loan to value is less than 75% or the applicant's income is greater than £100,000. 

Call Trinity Financial on 020 7016 0790 to secure a faster mortgage offer or book a consultation