Tier 2 Visa Mortgage required / First Time buyer and First Time Landlord

Home » Tier 2 Visa Mortgage required / First Time buyer and First Time Landlord

Lender: Specialist Mortgage Lender
Product: Tracker rate
Rate: 5.29%5.29%
Mortgage Adviser: Jo Smerdon
Profile: https://themortgagebroker.co.uk/about/meet-the-team/jo-smerdon/
Client name: Mr Fung
Mortgage Application date: 22nd Dec 2022

This sounded like a near impossible case to place based on the clients’ criteria and it didn’t surprise us at head office that he came to us after being turned away from 3 other mortgage brokers. Mr Fung found us after an internet search, was impressed with the reviews that the team had, and it felt like we were his last hope of a mortgage.

His situation was testing to say the least as he was a first-time buyer (easy enough to place) and a first-time landlord – Being a first-time buyer and first-time landlord reduces the number of lenders drastically. On top of this already tough criteria the client wanted to put the application into a Limited company name (making the choice of lenders we could approach a number you could count less than 2) Plus, there was one further complication that thankfully the lender was happy with and that was that the client was on a Tier 2 visa.

I must admit I was surprised that there was still a lender that would consider all these factors once put together on one mortgage application.

Mr Fung used to work in Hong Kong & Singapore before moving to the UK and got transferred with the same company to work from the United Kingdom. When he moved to England he stayed with family and hence did not own a residential property. His goal was to create some additional income in the UK and the buy to let route was his preferred option. He was advised by his accountant of the tax advantages of placing the mortgage under a Limited company name for tax purposes and this made the already limited choice of lenders even smaller.

Published on 12 December 2022

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The Mortgage Broker

The Mortgage Broker is an award-winning UK mortgage and protection specialist with decades of experience helping thousands of customers secure suitable and affordable mortgage solutions. Regulated by the Financial Conduct Authority, all advisers are minimum CeMAP-qualified and known for delivering clear, transparent, and expert guidance whether helping first-time buyers, home movers, remortgage clients or those with complex or adverse-credit needs. Recognised as a finalist at the Mortgage Strategy Awards 2025, The Mortgage Broker combines digital speed with human trust, offering access to over 130 lenders and more than 25,000 products. The company’s app, secure client portal and easy-to-use tools make it simple for customers to compare rates, track progress, and stay informed from start to finish. With more than 2,500 verified five-star Trustpilot reviews, clients consistently praise the firm’s professionalism, value for money, and personal service. Reviews highlight the team’s ability to explain complex mortgage and protection topics in plain English, providing support throughout the entire journey. The company’s reputation for knowledge, empathy, and reliability has made it one of the UK’s most trusted brokers, delivering advice that is honest, transparent, and tailored to each individual’s financial goals. Every part of The Mortgage Broker’s service reflects Google’s E-E-A-T principles: Experience, Expertise, Authoritativeness, and Trustworthiness. Its team has decades of hands-on industry knowledge, proven technical expertise, and national recognition supported by awards, media features, and verified customer feedback. As an FCA-regulated firm with a 5-star reputation, The Mortgage Broker stands for no-nonsense advice, common-sense lending, and exceptional customer outcomes — setting the standard for trusted mortgage advice across the UK.

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