We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Shared Ownership Lenders – Joint Mortgage British Citizen and Spouse Visa holder
terrysmith78
Posts: 13 Forumite
Can someone provide me the list of lenders which allow shared ownership mortgages. I am a British citizen and my wife is on a 2 years spouse visa and we would like to get a mortgage of 98K for a 45% share of a property, have a deposit of £20000 and our combine salary is over 47K. I tried to apply with santander but got rejected.
Please advise me as I want to be very careful in my 2nd mortgage application.
Please advise me as I want to be very careful in my 2nd mortgage application.
0
Comments
-
The first thing here is that you would need to be clear as to why Santander rejected you? Shared ownership is one thing but the spouses visa is another.Lenders will have different criteria when it comes to right of residency.Some require full permanent right of residence other will stipulate a min time left on a spouses visa.You should be aware that the shared ownership providers may not accept a restriction on right to reside and you should check this out at the same time.I did have a case like this so will check to see who the lender was.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as advice.0
-
Santander didnt give me any reason of rejection. The housing association I m buying a flat with are ok with my partner's visa situation.0
-
Which country is she from? If not from an EEA state it can say 'no recourse to public funds' on passport does it say this?I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as advice.0
-
She is from China and I think it does say no recourse to public funds on her passport.0
-
I've been accepted on a shared ownership joint mortgage with HSBC, but it was a pain in the !!!! getting it accepted!
At what stage were you rejected by Santander? I thought they did shared ownership mortgages.0 -
They didnt even carry out the valuation. My application was selected for some further random checks by the head office and the declined it without giving me any reason.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.8K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 260K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards