Tailormade
Professional
Mortgages
Professional mortgages can mean better rates, access to higher loan to value mortgages and larger income multiples.
Our professional mortgages service will help those people in a professional position make the most of their status. We understand that professionals tend to be very busy people, requiring a bespoke service that understands their needs. Summit Capital Mortgages has been providing advice to such individuals for many years, and provides an unrivalled personal service and access to exclusive products only available to professional people. Professionals we can help include:
- Accountants
- Barristers
- Doctors – GP and Hospital
- Opticians
- Pharmacists
- Solicitors
- Teachers
- Veterinary surgeons
Our professional mortgages advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: Our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow based on your income and profession and what kind of loan to value lenders will be prepared to offer you.
Step 3: We search the whole mortgage market
We’ll then move on to search the entire mortgage market for you. In addition to negotiating you the best rate, we’ll take into account other things like lender service levels. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your mortgage and you get ready to pop a cork (or two).
Making it easy
Our mortgage advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: We provide our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow and what kind of a mortgage deposit you’ll need to buy that dream home. We’ll also suggest the best type of mortgage for you, looking at fixed and variable rates.
Step 3: We search the market for you
We’ll then move on to search the market for you. In addition to finding you the best rate, we’ll take into account other things like lender service levels and affordability calculations. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your mortgage and you move in. Alas, we can’t guarantee the moving experience will be easy, but at least you are safe in the knowledge that you have the most appropriate finance for you.
Professional Mortgages
Case Study
Case Summary
Our applicant was a first-time buyer, who was training to be an accountant at a top 4 firm. They were a year away from qualification as a chartered accountant and had found a property to purchase. Some banks look favourably at young professionals and expect their income to increase considerably thoughout their career. This allows them to offer higher income multiples to these individuals, than other banks can as they see them as low risk borrowers.
Our Solution
We were able to find a lender that was able to offer at the level our client required and at a high loan to value of 90%. The individual was happy with a loan of this size, as he knew that his income would increase substantially, when he qualified in a year.
The numbers
Mortgage Calculators
Our useful mortgage calculators can help you work out the key numbers without any hard questions.
