Getting ahead in your career takes hard work, ongoing training and commitment, which often means three months of pay slips may not give the whole picture. With the Hodge Professional Mortgage, we look at where you’re heading rather than where you’ve been. This means the home of your dreams could be closer than you think.
What is a Professional Mortgage?
Whether you’re a newly qualified or an established professional, we have a range of mortgages perfectly designed to support you.
We’ll consider all validated income and offer enhanced income multiples of up to 6 times income (subject to affordability and criteria). And because we’re focused on where you’re heading, we only require one year’s worth of accounts and will use our underwriting experts to look at your case manually, so you can be sure, our time is being invested in making the right decision for you.
If you’re ready to step on or step up the property ladder, or you’re looking for a remortgage designed just for you, talk to a mortgage broker or financial adviser today about our Professional Mortgage.
Benefits: at a glance
Increased borrowing power of up to 6 x income and no minimum or maximum time since qualification
Fast and flexible approach to help your application proceed quickly
New build properties accepted
Free valuation up to £1m purchase price
Free valuation and legal assist for re-mortgages
100% of all validated incomes plus multiple income streams/complex income accepted including locum work
Who could benefit from our Professional Mortgage?
Accountants, Actuaries, Architects, Barristers (including Barristers in Pupillage), Dentists, Chartered Engineers, IFAs, IT Consultants, Medical Doctors, Mortgage Advisers, Midwives, Nurses (including bank nurses), Optometrists, Paramedics, Pharmacists, Physiotherapists, Pilots, Radiographers, Solicitors, Chartered Surveyors, Teachers (including supply teachers and newly qualified teachers) and Vets. New Partner (GP) also accepted with accountant or managing partner income verification.
Criteria
To be eligible for a Professional Mortgage, you’ll need to meet some criteria:
- Available from age 21 with a maximum term to retirement or age 75 (whichever comes sooner)
- All validated income streams considered as well as income from employment or self-employment
- Qualified in one of the following professions:
- Approved professions: Accountants, Actuaries, Architects, Barristers (including Barristers in Pupillage), Dentists, Chartered Engineers, IFAs, IT Consultants, Medical Doctors, Mortgage Advisers, Midwives, Nurses (including bank nurses), Optometrists, Paramedics, Pharmacists, Physiotherapists, Pilots, Radiographers, Solicitors, Chartered Surveyors, Teachers (including supply teachers and newly qualified teachers) and Vets. New Partner (GP) also accepted with accountant or managing partner income verification.
Interested?
If you're interested in our Professional Mortgage, you'll need to speak to an IFA or broker. If you don't have one, you can find a broker using unbiased.co.uk.
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