Joint Mortgage for EU citizen and NON-EEA Spouse

Rudess

Hi

I started an application with one of the big4 banks. I'm EU national and my wife is Non-EEA, both working with good salaries so can afford a mortgage.

The adviser we met started to question my wife if she has Indefinite Leave to Remain, and I thought we were at the airport for a second, not in a bank....

He now needs to consult with underwriters before submitting application, but it looks strange to me. We are both living and working with no restrictions, paying taxes and having good income.

Isn't ILR applies to a British citizen's spouse? we have no things as such in our passports.

I tried to go through similar threads but couldn't find one with a similar situation, so your help is much appreciated. If of course you can recommend a lender who wouldn't be that fussy about nationalities in general, please let me know.

harvey115

You might find it hard getting to the correct lender.

The problem relates to the immigration status of the applicant(s). I would not suggest going to a high street bank as you are risking rejection straight away. Consult a mortgage broker as they would know which lender allows such cases.

Rudess

Cheers for that.

Rudess

If anyone can recomment a good lender that will be able to lend 90% LTV with reasonable conditions, please share information with me.

neverdespairgirl

Rudess wrote: »

Hi

I started an application with one of the big4 banks. I'm EU national and my wife is Non-EEA, both working with good salaries so can afford a mortgage.

The adviser we met started to question my wife if she has Indefinite Leave to Remain, and I thought we were at the airport for a second, not in a bank....

He now needs to consult with underwriters before submitting application, but it looks strange to me. We are both living and working with no restrictions, paying taxes and having good income.

Isn't ILR applies to a British citizen's spouse? we have no things as such in our passports.

Indefinite leave to remain is relevant to people who are non EU citizens and who enter the UK on an immigration route covered by the Immigration Rules or, exceptionally, exercise of Home Office discretion outside the rules.

You are right, in that ILR is not relevant to your wife's circumstances. I assume she has in fact got a 5 year residence card as the spouse of an EU national exercising Treaty Rights in the UK?

After the end of that period, if she continues to qualify, she can apply for a permanent residence card, also under the 2006 Regulations.

Having said all that, what is going to bother a lot of mortgage lenders is that she doesn't have a permanent, on-going right to stay in the UK. The lenders will also take account of how long you have both been living here, and what type of credit history you have built up. If you've both only recently moved to the UK, it's going to be tricky.

vacheron

I'm a UK citizen and we had no trouble applying for a joint mortgage with Barclays in mid 2010 while my wife was on Limited Leave to Remain on a Tier 1 HSMP permit, though I did ask them to base the affordability calculations on my salary alone as we didn't want to overstretch ourselves.

I've heard other success stories from Barclays since, but not sure if they've tightened up the criteria recently.

Rudess

Indefinite leave to remain is relevant to people who are non EU citizens and who enter the UK on an immigration route covered by the Immigration Rules or, exceptionally, exercise of Home Office discretion outside the rules.

That's Correct.

You are right, in that ILR is not relevant to your wife's circumstances. I assume she has in fact got a 5 year residence card as the spouse of an EU national exercising Treaty Rights in the UK?

True, she has 5 year residence as spouse of an EEA national exercising treaty rights in the UK.

Having said all that, what is going to bother a lot of mortgage lenders is that she doesn't have a permanent, on-going right to stay in the UK. The lenders will also take account of how long you have both been living here, and what type of credit history you have built up. If you've both only recently moved to the UK, it's going to be tricky.

Naturally she has a right to stay here because we are married, so I don't see why it's a problem for the bank. In fact, my salary will be enough to pay the monthly mortgage payment that we got at the quote, but obviously we need her salary too to borrow the amount we need for the purchase of the property. I've lived in UK for many years and have a very good credit history so hopefully it will be helpful for our application.

Rudess

Got a mortgage with another bank, which is not racist, happy days:-)

Dave_Ham

Racist is such a strong term...

Hopefully you will still be taking the other lenders to court though eh??

humadoon

I am in a similar situation i am a married to EEA national and i want to apply for a mortgage but only on my name as my credit rating is good but my other half has few defaults on her credit report.
I have spoken to nationwide and they say if i involve her in mortgage application and pay 25 deposit they will accept it but when i mentioned her default they said our application will be refused.
I will speak to santander they seems flexibile

Simon_gloster

G

Rudess wrote: »

Got a mortgage with another bank, which is not racist, happy days:-)

Loser. I hope it all falls down in underwriting.

ILR is there for the protection of the lender who you want money from. The main reason for this is that they have all been stung before from those without ILR and never reclaim their losses. Imagine if it was your money in every minor to severe foreign national application.

I am rude tonight and frankly couldnt care less as I am in favour of the banks and brokers who consider sensible lending scenarios.