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You are here: Home / Mortgages / Foreign National Mortgage / 95% Visa Mortgage with 5% deposit to buy

by Payam Azadi

95% Visa Mortgage with 5% deposit to buy

Foreign National Mortgages – 5% deposit for Visa Applicants to help get a 95% Visa Mortgage NOT under Help to buy.

95% Visa Mortgage

Payam AzadiWell what a wonderful way to kick off 2017 a brand new facility for 95% Visa Mortgage for foreign national applicants on a Visa, thats right  a Mortgage with 5% deposit for Visa Applicants! The Visa must provide the ability to “work” to the applicant as the mortgage will need to be serviced.

So what does this mean? See the table below which gives you an idea of the deposit needed (provided your status is acceptable to the Lender).

Purchase Price Deposit required Potential mortgage
£100,000 £5,000 £95,000
£150,000 £7,500 £142,500
£200,000 £10,000 £190,000
£300,000 £15,000 £285,000
£400,000 £20,000 £380,000
£526,315 £26,315 £500,000

Please note the maximum loan at 95% is £500,000.

What can the 5% Foreign National Deposit consist of?

The 5% deposit can be funded by the following:

  • Dividend from a UK company.
  • Gift from a family member who is related to at least one of the applicants by: birth; blood; marriage; civil partnership; step children; adopted children; in-laws; as ‘Common Law’ partners or co-habitees.
  • Sale of property.
  • The proceeds can originate in the UK or from abroad (certain countries may be excluded).

The deposit cannot come from borrowing elsewhere.

Foreign National 95% Visa Mortgage Product

For example of the 95% Visa mortgage product click here.

Alternative Solutions

If the deposit can be increased to 90% then we can also help the following:

  • Spousal Visa applicants (call for details).
  • Student Visa applicants purchasing with another applicant who holds either s Tier 1 Visa; Tier 2 Visa or has permanent rights to remain in the UK.
  • Refugee Visa purchasing with another applicant who has permanent rights to remain in the UK.

For more criteria information on Mortgage with a Visa please click here.


Example Product Rate and Fees – 95% Visa Mortgage for Foreign Nationals

Initial Rate: 3.34
Subsequent: 3.74
The overall cost for comparison 3.80 APRC

The total amount you must pay back, including the amount borrowed is £462,263.16

Features: Either 3 years in the UK (excludes student or refugee periods) or 2.5 years left to run on the Visa. Client must have an excellent credit profile with good earnings. This deal is only for older properties and is not for New Build houses or flats.

Type and initial benefit period Fixed to 31/03/2019
Minimum deposit / equity: 5%
Valuation fee £430
Booking fee £0
Lender arrangement £999
Telegraphic transfer / CHAPS fee £161.27
Legal fee £216
Early repayment charge 3/2% of the amount repaid in the fixed period
Mortgage Quote

London based Niche Advice specialists in foreign nationals on visas living in the UK who need 95% Visa Mortgage solutions. For more information or a personalised mortgage illustration complete the attached web contact form or call T: 020 7993 2044.


Any property used as security, which may include your home. may be repossessed if you do not keep up repayments on your mortgage


Important Information

Residential and Buy to Let Mortgages

Rates current as at 03/01/2016 . The overall cost for comparison is based on a purchase price of £300,000 over a 25 year term. The Right-to-Buy example is based on a discounted purchase price of £150,000. Repayment for Residential and Interest only for Buy-to-let (unless otherwise specified). Eligibilty will depend on your own personal circumstances.

KEY – ERC = Main early repayment charge.

The purpose of this web is for information only and is based on a fictitious illustrative scenario. It does not constitute a Mortgage Offer in any way.

It is essential that you seek independent mortgage advice as a suitable product will be based on your own individual circumstances. An interest rate should not be read in isolation, and you should refer to your personal key facts illustration and Mortgage Offers for full terms and conditions. If anything is unclear it should be discussed fully with both your mortgage and legal advisors before entering into a mortgage contract with the lender.

The information contained herein is based on research through the Trigold (IRESS UK) sourcing system. When first published to this site the data is normally 24 hours behind real time, and may or may not still be available.

A first charge over your property is required as security for the loan.

The formal mortgage offer of an advance will be subject to a valuation and other satisfactory references.

Payam Azadi

Author: Payam Azadi

Payam Azadi is a partner at Niche Advice who are whole of the market Independent Mortgage Brokers. His role is very much focused on Property financing both on residential and commercial lines. To get in contact with him please click here.

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Filed Under: Foreign National Mortgage

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AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority. FCA Number: 750263.

Commercial Buy-to-Let and commercial mortgages are not regulated by the Financial Conduct Authority.

Our Fees

Click here for our fees structure. A full detailed fee plan will accompany all our quotes.

Niche Advice Limited has a commercial arrangement under an affiliate programme with Check My File and is remunerated for referrals.

Terms and Conditions

If you wish to register a complaint, please write to us on the details below or call us on: 020 7993 2044.

Correspondence Address: Niche, Unit F6, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG.

A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234567.

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Tel: 020 7993 2044

Registered Office: Niche, Unit F3, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG. Registered in England & Wales. Company registration number: 06599033.

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