What happens to my home and my mortgage if my visa is not renewed?
A mortgage is not tied to your visa. It does not end when your leave to remain does — and that cuts both ways. Here is what actually happens, and what to think about before it does.
Articles
Articles
The questions we are asked most, answered properly. Every one of these came from a real conversation with someone buying their first home in Scotland.
Is the Lifetime ISA bonus a public fund? And can I use LIFT or shared equity on a visa?
Two questions that get asked together and have different answers. One is an immigration question, one is a scheme question, and neither is really a mortgage question — but both change what you can buy.
Overtime, bank shifts, agency work and a second job — do they count?
Yes. Extra income counts towards a mortgage, and the rules are the same for you as for anyone else. What varies is how much of it a lender uses.
I send money home every month. Does that affect how much I can borrow?
Money you send to family abroad, and children living outside the UK, can change how much a lender will offer. It varies a lot between lenders — which is the whole point.
I own a house or land back home. What does that mean for buying in Scotland?
Property you own in another country can count when Scotland works out the tax on your purchase — and can stop you counting as a first-time buyer. Here is what to check before you make an offer.
Proof of deposit — what a lender asks for, and why
Every lender checks where your deposit came from. It is a legal check, not a judgement about you. Here is what they ask for and how to get it ready.