MORTGAGES
PROFESSIONAL MORTGAGES
- You'll experience an unrivalled customer service
- We offer a comprehensive range of products from across the market but not deals that you can only obtain by going direct to a lender.
- You can contact us 24/7, we're always available to help
Your home may be repossessed if you do not keep up repayments on your mortgage.
What exactly is a professional mortgage?
As the name suggests, it’s just a mortgage designed for professional people. It works in the same way as a normal mortgage, the main difference is that it’s for qualified professionals, including vets, doctors and solicitors. There are some really good lenders that actually offer professional mortgages to high earners, whether they’re professional or not, as well.
The biggest difference between this and other mortgages really is the interest rate, which will sometimes be lower interest rates because you’re a professional. Sometimes lenders will also offer a higher Loan to Value. A Loan to Value is basically the amount you’re borrowing against the value of the house.
The main difference between a professional mortgage and a standard mortgage, however, is what’s called an income multiple. Generally at the moment in the UK, you can borrow around four and a half times your income, but with a professional mortgage that can be increased to five and a half times your income. Essentially it means that you may be able to borrow a significant amount more for your mortgage because of the job that you do.
Can I get a mortgage five times my salary?
Some lenders actually offer up to five and a half times your income. The really good thing about this product, is that if only one of the two people applying for a professional mortgage is a professional, then you’ll still qualify for a professional mortgage, meaning that the five and a half times will apply to your joint income.
How do I get a professional mortgage?
Whether you’re going for a normal mortgage or a professional mortgage, it’s important to speak to a mortgage broker, as we do all the research for you. All mortgage lenders have different criteria in relation to what they consider to be a professional. For example, some lenders now consider commissioned military officers, civil servants or even some high ranking police officers, so you’re always better to go to someone that knows these kinds of things, as it will improve your experience of buying a home.
We have a massive range of lenders that we can go to, and once we know your job and your income, we can do everything else on your behalf.
Even if you’re not a fully qualified professional, sometimes you can get those rates on income alone. So, for example, one bank will give professional rates to anyone that earns over £100,000 or any couple that earns more than £150,000 jointly, whether they’re a professional or not.
Do all professions get better mortgages?
It just depends on that profession and there’s also two options. So for example, if you’re a professional, sometimes you’ll get a higher income multiple but that comes with a slightly higher interest rate. What we do as a broker is to look at the standard rates of mortgage deals on the market and the professional rates, and then explain the pros and cons of each.
Some professionals will not be too interested in the interest rate, and are more concerned with buying a larger house, especially if they expect their income to rise, so it really does depend on what’s the most important thing to the client. It’s our job to source you the most cost effective mortgage, whether you’re a professional or not. But we wouldn’t just look at professional mortgages for professionals, because sometimes that’s not the best option overall.
Your home/property may be repossessed if you do not keep up repayments on your mortgage.
Some Buy-To-Let Mortgages are not regulated by the Financial Conduct Authority.
Happy Clients
Sharmila Rumpa2024-05-28Excellent and professional service, wanted to call out Bhavna Gover especially, she helped me to sort out a Ltd Company buy to let mortgage. She's very thorough in her work. Please ask for Bhavna if you need a mortgage in future, she will be happy to help for sure.
Kash Anis2024-05-23We approached Mortgage matchmakers regarding to get an options as we alreday tried few brokers before.Mohit introduced Bhavna which helped us out through out our journey.We felt it was difficult as our situation was bit tricky, but Bhavna worked out the best resoultion and sort this out. We have no words to say thank you, as it was amazing support from Bhavna and got the mortgage offer. Bhavna was fantastic,friendly and very passionate person, she is very professional Mortgage Advisor. Once again I would like to say Thanks so much for helping through out my journey to get mortgage for my new house.
Larushhh O2024-05-18It was a pleasure working with Paul over the last few months with my remortgage. He took away the stress of remortgaging with his professionalism and patience till the deal was finalised. I highly recommend him as a broker. Thanks for your support and help once again.
Aromes Bienmaison2024-05-15Paul was very helpful and provided a great guidance throughout the whole process
Shalaka2024-05-14We couldn't have asked for a better mortgage advisor! Mohit has been an absolute asset, always there when we had a question, and believe me, we had plenty! Being first-time buyers, his guidance was invaluable. What we appreciated most was his honesty and the fact that he never made us feel rushed into any decision. We're still in the process, but we already feel confident with his support. Totally recommend him to anyone in need of mortgage advice!
Dinesh Johnson2024-05-13Mohit was simply brilliant and helped us to understand all the options available in the market and choosing the best and importantly the right product for our need. Mohit is very efficient, he goes out of his way to help his clients and keep his client’s interest at top of his priorities. He was very professional and knowledgeable, would certainly don’t think twice to get his service in the future. I would highly recommend him to anyone who needs advice and support in sorting their mortgages. Thank you soo much Mohit for your hard work and support in sorting our both residential and BTL mortgages! Tharaka & Dinesh
Bagya P2024-04-30If anyone looking for hassle-free mortgage process, then I would suggest to discuss with Mohit. Mohit explained the process more in detail, assessed the situation very well and gave perfect suggestions to get the process done. Also, he closely connected with Solicitor and made the whole process easy. Additionally, I would like to thank Bhavana for her exceptional work. She tried many options to get the better deal from different Vendors. She explained all my queries on time and appreciate her professionalism. Thanks a lot once again Mohit and Bhavana for all your support.
Oliver Harris2024-04-24Mohit was a great help with finding my first mortgage. He talked through all options clearly and found the best deal to suit my needs. I'd thoroughly recommend using his services.
Veronica Ihonor2024-03-03The team was very professional with spontaneous delivery in line with agreement. Well done guys
Ogechi Eke2024-01-14If you’re looking for a professional mortgage broker who actually goes above and beyond his role then look no further. Ankur Daru is your main man. He is extremely helpful and knowledgeable. Even when the interest rate dropped for my lender, without prompting, he sent me an updated deed. There are so much more I could write but I’ll sum him up in a few words: Professional, knowledgeable and helpful. Thank you for securing the deal for me Ankur! I look forward to the next one! Ogechi