What Are The Benefits Of A Professional Mortgage?
There are additional benefits to a professional mortgage, but you do not have to feel that you are bound to this type of mortgage. The entire mortgage market is available to you, but you may find a profession-specific mortgage is of benefit.
Many lenders will offer certain professionals a better deal than they could secure elsewhere. This might include lower rates, lower fees or allowing the applicant to secure a mortgage with a smaller deposit. This is because lenders will see these professions as lower risk than others, offering sustainable earnings and strong pensions.
Some lenders offer completely different products that are only available to people in specific professions. Other lenders might simply make it easier for applicants to get a mortgage by lowering their requirements. This can help those who might be rejected elsewhere to get on the property ladder.
If you’d like to know more about what professional mortgage are available, click the links above to learn more about mortgages for different professions. You can also get in touch with our friendly team.
If you have recently started a new job and want to know how this might impact your borrowing opportunities, check out the pages above to see if your profession is listed.