Accord asks for proof of residency for EU nationals | Mortgage Strategy

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Accord Mortgages will be asking mortgage applicants from the European Union, European Economic Area and Switzerland for proof of residency from Wednesday 17 February.

This excludes Irish nationals.

The lender says that settled or pre-settled status from the EU settlement scheme will be accepted, with applicants required to provide their government website share code.

For both residential and buy-to-let products there will be no LTV restrictions applied to either of the above statuses.

Would-be borrowers without settlement status will still be able to apply for a mortgage under Acord’s existing criteria for customers without permanent right to reside, it adds.

Accord corporate account manager Nicola Alvarez comments: “We continue to support brokers placing cases for EU, EEA and Swiss nationals, applying our common sense approach to lending.”


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