Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

Tier 2 Visa Mortgage: Mortgage Advisor Reveals

22 Jul 2024 · 1 min

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A short YouTube conversation (recorded July 22, 2024) between Ndubuisi 'Andy' Egwim and a mortgage adviser about whether international medical graduates on Tier 2 visas can obtain UK mortgages. The adviser explains Tier 2 visa holders are generally acceptable to lenders but may face requirements such as larger deposits, stronger/income evidence (preferably permanent income rather than irregular locum/self-employed work), and sufficient credit history; meeting two of the three (deposit, income, credit history) typically identifies possible lenders though terms vary.

Chapters

An international medical graduate or expatriate as some people refer to it. So a lot of people on our platform got thousands of doctors who think because of their visa situation that they would not be able to access a mortgage because they are on a tier 2 visa so they think well I'm not eligible to apply for a mortgage. What has been.
Your experience those visas are acceptable for mortgage companies. What they might ask for is more deposit in some cases and maybe a longer a more solid income stream is probably how I'd put it so ideally on a permanent basis as opposed to on a self employed locum basis potentially or without a track record Ultimately that's where the three key parts of deposit the income, the credit history as long as you're ticking two of those boxes and two of the three sorry there will probably be a lender that will be able to help you in some regard it's just a matter of how do the terms look.