Improvements to our foreign national policy

18th July 2025

Great news, we’ve improved our foreign national lending policy

We’ve expanded our policy to support a number of different scenarios for your foreign national clients who don’t hold indefinite leave to remain (ILR) or settled / pre-settled status.

We’ve increased our maximum LTVs, extended our list of acceptable visas, and reduced the minimum time we need remaining on a visa.

Greater flexibility

• • For a joint application where one applicant holds ILR but the other doesn’t, we now lend to 95% LTV, with no minimum income requirement.
• • If no applicants hold ILR, we lend to 85% LTV, with no minimum income requirement. This rises to 90% LTV if at least one applicant earns £75k.
• • For BTL we now lend up to 80% LTV. At least one applicant must be an owner occupier. If no one holds ILR, one applicant must earn £75k. If one applicant holds ILR, there’s no minimum income requirement.
• • Where the income of an applicant on a visa is being used, we need 9 months remaining on their visa and for it to be on our acceptable list.

Keep in mind that we treat applications for customers with settled or pre-settled status as if they held ILR.

Additionally, whether or not an application is for a foreign national, we need all applicants to have lived in the UK for the last 3 years.

You can find more detail and a full list of accepted visa types here.

A reminder of our self-employed policy

Last week we let you know about changes to our self-employed policy. We’ve reduced the minimum trading period to 2 years, increased our loan-to-income cap to 5x, and updated how we assess limited company director income. These changes are now live, and you can find our updated policy here.

Any questions?

If you’ve got any questions, your BDM is the best person to answer them.

The team at Clydesdale Bank