If Skilled Worker ILR timelines do extend, many visa holders now face a major financial decision:
Continue renting… or start owning and building equity while you still can?
Before deciding, here’s a perspective what the current market means for Skilled Workers Visa Holders — and why speaking to Mortgage Bazaar early can put you one step ahead.
The Reality: What Waiting Has Meant Lately
Over the last few years:
- Property prices have continued climbing, making homes more expensive each year buyers delay.
- Rents have risen across the country, meaning tenants are paying more with no long-term return.
- Mortgage rates remain competitive, but the long-term trend has been upward — and future lending criteria for visa holders may not stay the same.
Delaying doesn’t just push the purchase date back…
It can push affordability further away too.
Buying Now – What It Can Offer Skilled Worker Visa Holders
- Every monthly payment builds your wealth, not your landlord’s.
- Buying earlier gives you more years to spread your mortgage, helping keep repayments manageable.
- If plans change and you need to leave the UK, a property could potentially be rented out in a strong demand market, producing income in £££.
- Many Skilled Workers today can still access competitive rates similar to ILR/British buyers, depending on their profile.
- Acting now allows you to lock in a deal before lending rules, interest rates, or market conditions shift again.
- Consultation papers for such large changes can last from months to years—so waiting to “just see” may mean you rent longer than intended, losing ground on both savings and future equity.
Waiting – Why Some Prefer To
- More time to watch how immigration policies develop.
- No upfront home-buying costs until you feel ready.
- Have flexibility to move places on renting.
The Real Question
If you see yourself in the UK long-term:
Are you building your own future,
or continuing to pay someone else’s mortgage while prices move up?
There is no single answer for everyone —
but there is a right answer for your goals, your visa status, and your financial situation today.
Why Speak to Mortgage Bazaar – Nikhil Bhatia Now
Understanding your borrowing power early gives you clarity and control — whether you decide to buy now or later.
I am Nikhil Bhatia, Senior Mortgage Advisor and founder of Mortgage Bazaar, offering:
- ✔ FCA-regulated, Whole-of-market, Independent and Unbiased Advice
- ✔ Access to exclusive broker-only lenders, mortgage deals not available directly to you
- ✔ Tailored mortgage comparisons based on your visa, income, deposit and long-term plans
- ✔ 5% deposit options for Skilled Worker and ILR holders (subject to eligibility)
- ✔ Remortgage support — if you are within 6 months of renewal, I can help you lock in future rates early, giving you a head start in a shifting market
Getting assessed early means you’re ready when the right property appears — not losing time to paperwork while the market keeps moving.
Book your initial consultation for FREE
Nikhil Bhatia
Senior Mortgage Advisor, Mortgage Bazaar
FCA-Regulated | Independent | Whole of Market
07760747504
Don’t let the market decide your future. Get ahead, get assessed, and make the move that supports your long-term plans in the UK.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.