Professionals
Our Professionals Mortgage Service
Professionals like you work hard to achieve success in your career, and the demands of your profession make it extremely difficult for you to find the time to deal with day to day issues like arranging a mortgage.
Here, at A Mortgage Now, we identified this issue several years ago. As a result, we designed our mortgages for professionals broker service around the needs of Professionals.
By providing you with the ability to communicate with us online, at a time to suit you, we make it easy for you to give us the information we need to assist you.
We have extensive experience in arranging mortgages for Professionals. Our team understand the peculiarities of your career path, and your income structure.
Special Situations
We can help
The difference is often just that little bit of know-how which gives us strong relationships with the lenders, and enables us to achieve results that others cannot.
Professional mortgage advice
How we help professionals secure the right mortgage
Watch our short overview of how A Mortgage Now supports professionals with specialist mortgage advice.
Mortgages for professionals frequently asked questions
What is a Professional mortgage?
A professional mortgage is a mortgage targeted for recognise professionals such as doctors, dentists, solicitors, barristers, accountants, pharmacists, and other qualified professionals.
Which professions qualify for a professional mortgage?
The list varies by lender but commonly includes: doctors, dentists, solicitors, barristers, accountants, pharmacists, veterinary surgeons.
What are the benefits of a professional mortgage?
The key benefit is often flexibility in terms of underwriting. Professional applicants can often attain lending on a professional mortgage that they cannot get on a standard deal.
Can I borrow more as a professional?
In some cases yes, lenders with specialised professional mortgage products often enhance the affordability calculation for qualified professionals.
Do I need a larger deposit?
Deposit requirements are not normally affected by being a professional. If you are on a professional applying for a mortgage with a limited self-employed trading history it is likely you’ll need a 15% deposit.
Can newly qualified professionals get a mortgage?
Yes, newly qualified professionals can get a mortgage when assisted by a professional specialist mortgage broker.
Can junior doctors get a mortgage?
Yes, foundation level doctors, or those in speciality training can get a Professionals mortgage.
Can doctors and dentists use future income when applying?
Yes, some of the key advantages that professionals get when arranging a mortgage are based around the flexibility of underwriting self-employed income as a professional.
Can Locums in professional occupations get a mortgage?
Yes, we can arrange mortgages for Locum professionals with as little as six months trading history.
What documents will I need?
Typically you will need proof of income, proof of address, ID, bank statements, proof of deposit.
Can bonuses and overtime be included?
Depending on the lender all earned income can be considered income.
Can bonuses and overtime be included?
Depending on the lender all and income can be considered income.
Can I get a mortgage while still in training?
Yes, professional mortgage lenders can provide a lot of flexibility for professionals who are still in training.
We regularly handle cases for barristers in pupillage, doctors on foundation training, and associate dentists.
Can I get a mortgage if I have student loan debt?
Yes, although student loans can have an impact on affordability they will not prevent you obtaining a mortgage.
Can I buy my first home using a professional mortgage?
Professional mortgages are available for first-time purchases as well as for home movers.
Can professionals get better mortgage rates?
Occasionally some rates are more attractive for professional applicants.
Can I remortgage using a professional mortgage?
Yes, professional mortgages can be used both for new purchases and for remortgage.
How much can I borrow?
This depends on your income and credit history, also your current debt and outgoings. We can often obtain little extra flexibility on affordability for a professional applicant.
Should I get an Agreement in Principle before looking for a property?
We recommend that you get a mortgage agreement in principle before you put an offer in on a property. It is not necessary to obtain an offer in principle before you start looking.
Should I use a specialist mortgage broker for professionals?
A smart professional will use a professional specialist mortgage broker to help them with their mortgage application.
We often place mortgages for Professionals that have been declined elsewhere.
No questions match your search.