Mortgages for Solicitors UK

Solicitors can benefit from some of the best lending solutions out there. As potentially among some of the country’s top earners, you deserve a mortgage solution that’s right for you. One of the main difficulties for Solicitors is being able to spare the time to search the market, make the application process, follow up the application with the lender and so on.

When time is your most precious commodity, spend just a little of it with us as Solicitor mortgage experts and we can provide you with solutions tailored to your circumstances and more importantly to the amount of time you have freely available.

We can take care of the entire mortgage application process, from beginning to end. Depending on your circumstances, you may wish to speak with us about some of the following areas of speciality.

  • Bespoke lending solutions may be available for High Net Worth (HNW) individuals
  • Large mortgage loans up to 95% LTV (Loan to value), dependant on circumstances
  • Mortgages for both your home and for investment properties
  • Buy to let mortgages for solicitors
  • Complex income mortgage advice e.g. income from multi-currency sources, or from offshore trust funds, or from family trust arrangements, as well as income from bonuses and dividend income

Whether you’re an established Solicitor with a higher-than-average budget to spend on securing the house of your dreams, or whether you’re just starting off on the exciting journey of your career, we’re here to help.

It almost goes without saying that, as respected professionals, solicitors can usually command preferential mortgage deals. However, by only approaching your bank or high street lender, and by approaching them directly yourself, you may be missing out on the lowest rates and most flexible terms which you’ll find with other lenders via a specialist broker whose job it is to seek out the best deal for you.

I’m a newly qualified Solicitor, can I get a mortgage?

Whether you’re a recently qualified solicitor looking for your first home, or an established solicitor looking for the best Buy-to-Let or remortgage deal, we can help. We can help you get a foot on the property ladder for the first time, and it needn’t be complicated or difficult at all.

In fact, most recently qualified solicitors will only need a copy of their contract to get started, and they could then secure a great mortgage deal before they’ve even started their first job.

Be aware, you’ll still need to provide the mortgage application basics: – proof of ID, copies of your bank statements, proof of address, last 3 months’ payslips etc. The biggest factor in a newly qualified Solicitors hunt for a good mortgage offer though is that contract: once you have that, you’ve taken a huge step towards buying your first house.

I’m a Solicitor on a short term/fixed term contract, can I get a mortgage?

Our other areas of expertise include working with solicitors who are on short or fixed-term contracts. This is no longer the insurmountable problem it used to be; rather nowadays you’ll find a multitude of lenders willing to help. You’ll need to be prepared to go back over your employment history for the last 1 to 3 years so that lenders can see a regular history and pattern of work and after that, the application process is no more difficult than for others.

I’m a partner in a Solicitors Practice, how do I get a mortgage?

Securing a mortgage as a partner in a Law Firm or Solicitors Practice couldn’t be any easier these days. If you’re a new partner your mortgage application can be based on the company’s performance over the previous years, and if you’ve been there a few months or more your payslips or tax returns can be used to calculate your average wage in much the same way as any other mortgage application.

What service do you provide for Solicitors looking for a mortgage?

Our mortgages for solicitors service is designed to secure the best possible deal for you by fully understanding your situation and using that information to your advantage. We’ll advise you as to what sort of accounts and documentation you’ll need to produce to secure the best possible deal, and then we’ll manage that process all the way through to the end.

We will take the time to assess your situation carefully. Our experienced brokers know exactly what information is needed to secure the best value deals from UK banks and lenders.

By | 2020-03-11T12:56:03+00:00 March 11th, 2020|