Professional Mortgages
We acknowledge that your journey as a professional and your potential income are distinctive; therefore, your mortgage solution should recognise that.
SAM Mortgages provides tailored mortgage products for professionals across a variety of respected professions. Whether you are a doctor, lawyer, accountant, or another high-earning professional, we work to find the mortgage that suits your financial circumstances and ambitions for the future.
Your house may be repossessed if you do not keep up with repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
What is a Professional Mortgage?
A professional mortgage is a specialist mortgage product to assist those working in career, high-income earning jobs. Professional mortgages recognise several differences between being traditionally employed, versus a professional career, and can offer benefits including higher borrowing limits, and flexibility of terms and rates that recognise your long-term stability.
You may be eligible if you are a licensed professional with a stable income. Lenders will consider:
- Your current employment and qualifications.
- Your income history and potential future income.
- Your credit history and financial stability.
At SAM Mortgages, we can look at your situation and help you through the application process to help you succeed.
What Are the Differences Between Professional Mortgages and Standard Mortgages?
Professional mortgages are designed with flexibility in mind, and more often than not, provide benefits not available through standard mortgages, including:
A higher borrowing limit – Typically based on your field and expected earnings.
Which may include additional income – Bonuses, commission, or income from private practice work;
More competitive interest rates – Typically tailored to low-risk and high-income;
Flexible repayment terms – Terms that provide you with the ability to modify your financial organisation and future growth.
What Professions will Qualify?
Professional Mortgages can be made available to a wide variety of jobs, including:
If your occupation isn’t listed above, don’t worry – the majority of lenders are receptive to a wide spectrum of jobs. If you would like to discuss your status to see if you qualify, please speak to us.
Specialised Support for Professionals
Here at SAM Mortgages, we understand that professionals can have different financial opportunities and challenges. From career progression to income types that may not fall within strict lending guidelines, we aim to understand you and help you navigate your application.
We also stay up-to-date with the best available offers for professionals in the UK. We take the time to understand your personal circumstances as well as your financial circumstances. We match you to a product that will fit with your situation based on your objectives.
Call us today on 01604 261685 to discuss your options on an informal basis.
Frequently Asked Questions
Are professional mortgages more affordable than standard mortgages?
If I have just started my professional career, can I still apply?
Are professional mortgages only designed for professionals/members of the higher professions?
Will multiple income streams be accepted?
Will a professional mortgage allow you to borrow more than a standard traditional mortgage?
Let’s Collaborate with Us!
How Much Could You Borrow?
Use our online mortgage calculator below to get an estimated figure of how much you could borrow and what deposit you might require. This is only a guide, so for an accurate figure, we recommend speaking to one of our agents.
