Visa Mortgage Guide

Reviewed 2026-07-13

Santander visa & foreign national mortgage criteria

Accepts foreign nationals

Yes

Max LTV without ILR

up to 90% LTV

Minimum time left on visa

3 months

CriteriaVerdictDetail
Accepts foreign nationalsYes

FN policy only applies above 75% LTV; below that, normal policy

Max LTV without ILRYes
  • up to 90% LTV

Raised from 75% in June 2026

Income requirement (foreign nationals)Yes

£50k sole / £75k joint with 1+ year UK residency; £200k (sole or joint) under 1 year

Visa types acceptedYes
Minimum time left on visaYes
  • 3 months left required
ILR (settled status) requiredNo

Not required — income thresholds apply instead above 75% LTV

Deposit from overseasYes

Deposit must be evidenced in a UK bank account; overseas source acceptable with evidence

Foreign income acceptedYes

USD, EUR, CHF and AED only, with a 25% haircut

Builder gifted depositYes
New-build max LTVYes
  • up to 95% LTV
Max LTV (standard)Yes
  • up to 90% LTV

Source: lender intermediary criteria, last verified 2026-07-10. Criteria change frequently — always confirm current policy with the lender or a broker.

Adviser's view

Santander accepts the mainstream visa routes and is a workmanlike option for applicants with ordinary salaried income — but like several high-street peers, the loan-to-value on offer usually steps down for applicants without indefinite leave to remain. That makes the deposit conversation the first one to have: with settled status Santander competes near the top of the market; without it, expect to bring more deposit than the most FN-friendly lenders would demand.

Its underwriting is largely automated, which cuts both ways. Clean, conventional cases sail through quickly; anything unusual — foreign-currency income, recent arrival, complex bonus structures — struggles to get a human hearing. If your situation needs explaining rather than just scoring, a specialist or a manual underwriter is often a better home for the case.

The table above carries the current positions; confirm with the lender before relying on any threshold.

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