The lender will now consider joint applications involving foreign nationals if one applicant holds a British passport, has indefinite leave to remain or settled status.
Fleet Mortgages has made further changes to its lending criteria to support a wider range of landlord borrowers and limited company structures.
The buy-to-let (BTL) lender will now consider joint applications involving foreign nationals if one applicant holds a British passport, has indefinite leave to remain or settled status.
Additional applicants may be accepted with eligible visas, as long as they have lived in the UK for at least three years and have a minimum of 12 months left on their visa.
Accepted visa categories include skilled worker, family or spousal, UK ancestry, health and care worker, British national (overseas), intra-company transfer and EU settlement scheme visas.
Fleet has also expanded its limited company lending criteria to accept company group structures registered anywhere in the UK, including Scotland and Northern Ireland.
Previously, companies had to be registered in England and Wales.
Steve Cox, chief commercial officer at Fleet Mortgages, said: “The buy-to-let market continues to evolve, and we are ensuring our criteria evolves with it.
“While these latest enhancements are more targeted than the wider package of changes we introduced earlier this year, they address areas where advisers have told us greater flexibility will help them place more cases and support a broader range of landlord borrowers.
“Whether it is recognising the growing number of joint applications involving foreign nationals, or widening our appetite for UK-incorporated limited company structures, we believe these are sensible changes that reflect how landlords are choosing to own and manage their portfolios today.”
Cox added: “As always, our focus has been on removing unnecessary barriers while maintaining the robust underwriting standards that advisers and their clients rightly expect from Fleet.”