Discover What Our Customers
About your mortgage
Error: Yearly income income must be between £1 and £10,000,000.
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Based on your yearly income,
you may be able to borrow
Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.
Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.
Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.
Mortgages for UK Professionals
The Revolution Brokers team regularly receives enquiries from professionals in a vast range of roles, looking for advice about the best mortgage options available.
Our independent, whole-of-market team, provides advice on mortgages for businesses owners and professionals in the following lines of work:
Key Worker Mortgages:
- Civil servants
- Education professionals
- Emergency services staff
- Military personnel
- Social workers
- Doctors and nurses
- Veterinarian professionals
- Accountants and financial advisors
- Architects and surveyors
- Legal professionals
We also negotiate competitive mortgage terms for executives, investors, and high net worth individuals or high earners, in brackets from £75,000 per annum up to £300,000 per annum and above.
Whole of market brokers
Mortgage that suits you
On time customer support
Is a Professional Mortgage the Most Viable Borrowing Option?
The right lending for your property purchase will depend on your circumstances, but often professional mortgages offer more competitive rates, fees, and an expedited application process.
For detailed advice about the most suitable mortgages for your professional or income level, contact Revolution on 0330 304 3040.
Some of the advantages of applying for a professional mortgage include:
- Lower risk analysis and therefore, less rigorous qualification criteria.
- Exclusive product ranges for professional applicants.
- Greater discretion with underwriting in unusual circumstances.
- More options for newly employed professionals.
The key differences between a standard residential mortgage and a professional mortgage are:
- More Competitive Lending: A lower-risk application means lower interest rates, and sometimes discounted fee structures.
- Lower Deposit Requirements: Given the reduced risk profile, a lender can offer up to 90% LTV, with lower deposit requirements for professional applicants.
- Greater Maximum Lending Flexibility: Most lenders will offer up to five times annual income as an absolute maximum to a standard applicant. For a professional mortgage, lenders can often be more flexible, with higher multiples offered to applicants earning over £100,000 per annum.
- Generous Facilities: Professional mortgages often provide more flexibility, such as being able to overpay without a penalty. The typical allowance for overpayments is around 10%, with many professional mortgages increasing this to 20%.
- Borrow Back Options. As with more options to overpay, and reduce your mortgage interest expenses, professionals can sometimes find mortgages with flexible borrow back allowances, allowing you to release capital to take advantage of other investment opportunities.
- Repayment Options: Mortgage holidays are not unheard of and provided you have repaid a particular value, you can take a break from mortgage repayments to allow you to invest capital in other projects, or temporarily reduce your outgoings.
- Better Self-Employed Mortgage Terms: Self-employed professionals have a greater chance of negotiating a competitive mortgage, with lenders accepting as little as one year of trading history, as well as considering applicants with adverse credit issues.
Mortgage lenders find professional applicants more appealing, and so you will usually expect to receive more personal attention, sometimes with a direct mortgage account manager to ensure the application precedes smoothly.
Why is it Easier to Get a Mortgage as a Professional?
Lenders all work around risk. Professionals are lower risk since there is less chance they will face employment issues, and usually, their career path provides the anticipation of growing income streams over time.
Revolution Brokers works with mainstream lenders and very specialist providers who only offer professional mortgage products, with extremely competitive rates and terms.
For more information about professional mortgages, and independent support with identifying the most preferential lenders for your circumstances, give us a call on 0330 304 3040 or email the team at [email protected].
As specialist mortgage brokers for a huge variety of applicants, the whole-of-market consultants at Revolution provide access to an exceptional range of lenders, products and mortgage deals. That means you get the advantage of professional negotiation and broker-exclusives through an established lending network to ensure we always find you the most competitive mortgage available.
The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.
We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.