Notices
  • Please note:

    The Windfall Bond has been withdrawn for new account openings.  However, the regular monthly draw will continue as normal. Further information can be found here.

    New account holders:  Newly opened accounts need to be fully funded and nominated bank details registered before the end of October to be eligible for entry into the December Prize Draw.

Professional Mortgage

If you hold a professional qualification or are currently training for one, you may be able to borrow more with our Professional Mortgage.

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Do you hold a professional qualification, or are you training for one? If so, you may be able to borrow more with our Professional Mortgage.

A Loan to Income ratio is the amount you can borrow compared to how much you earn. This is used for assessing the monthly payments you can afford. Our Professional Mortgage allows you a higher Loan to Income ratio compared to our standard mortgages, so you may be able to borrow more - helping you get onto the property ladder, take that step up or remortgage your existing home.

Take a look at our current range of mortgage products below.

Who can apply?

When applying, at least one of you must hold an acceptable qualification (or currently be training for such a qualification), and work within the field relating to that profession. For fully qualified professionals, you must have received their qualification within the last 10 years.

You will need to supply evidence that they hold an acceptable qualification (or are training towards this).

The Professional Mortgage is:

  • Only available for a maximum of two borrowers, and both borrowers must occupy the property
  • Only available for Owner Occupier
  • Not available on a Joint Borrower Sole Proprietor (JBSP) basis
  • Also available to self-employed applicants (considered on a case-by-case basis)
  • You can apply if you are aged 18 or over.

 

List of acceptable qualifications for the Professional Mortgage:

Profession Acceptable qualification board(s)
Accountant Association of Chartered Certified Accountants (ACCA)
Chartered Institute of Management Accountants (CIMA)
Chartered Institute of Public Finance and Accountancy (CIPFA)
Institute of Chartered Accountants in England & Wales (ICAEW)
Institute of Chartered Accountants of Scotland (ICAS)
Actuary Institute and Faculty of Actuaries (IFoA)
Architect Architects Registration Board (ARB)
Barrister The Bar Council
Commercial Airline Pilot Civil Aviation Authority (CAA)
Dentist General Dental Council (GDC)
Engineer Institute of Engineering and Technology Incorporated Engineers (IEng)
Institute of Engineering and Technology Chartered Engineers (CEng)
Medical Doctor General Medical Council (GMC)
Solicitor Law Society of England & Wales
Law Society of Scotland
Surveyor Royal Institute of Chartered Surveyors (RICS)
Veterinarian Royal College of Veterinary Surgeons (RCVS)

How do I apply?

  • Step 1 - Start by contacting our New Business Team on 03330 609 818 or by using the Request a call back form. They’ll go over some basic information with you including how much you would like to borrow and what for. They’ll need to know about your income and outgoings to make sure you can afford the mortgage and they’ll check that the mortgage meets our lending criteria.
  • Step 2 – After our New Business Team have reviewed your circumstances, they’ll refer you to our Mortgage Advice Team who will go through your circumstances in detail and recommend a suitable product. This advice is free of charge from our in-house team, or you can choose to use your own adviser (they might charge you for this).
  • Step 3 – Submit your application along with any supporting documents (there is a list of what’s required on our application form) and the £175 Application Fee along with any valuation fee which may apply. There will be further fees associated with the product selected.
  • Step 4 – Once the application has been assessed a valuation will be carried and then it will be underwritten and we will provide you with a Mortgage Offer. A copy of this will also be given to your nominated Solicitor who will contact you with some forms to be completed.
  • Step 5 – Once your nominated Solicitor has carried out the necessary searches and received the forms back from you we can arrange to send you the funds (this is called “completion”).

 

What Mortgage Awards 2023 Best Guarantor Family Support Lender Winner

Our lending criteria

Find out details of how much we may be able to lend, for how long and the types of property we will lend on.


Our mortgage products available for professionals

Filter:
Sort:
Initial interest rate Current follow on rate Overall cost for comparison Repayment or Interest-Only? Max % Loan to Value (LTV) Product fees Additional
benefits

5.19% Professionals 5 Year Fixed Rate to 28/02/2030 (XF0877)

5.19% 8.19% 7.2%APRC
  • Repayment
80% £999~

£500 cashback for remortgage applications^

Some key features of this mortgage

  • Purpose - Purchase and remortgage
  • Please note that this product is exclusively available for purchase and remortgage purposes for direct customer applications, via our in-house mortgage advice team. This product is not available for purchase / remortgage applications submitted from directly authorised brokers
  • Loan to Value - Maximum 80%
  • Fixed Rate end date - 28/02/2030
  • Application fee - £175 + Valuation Fee
  • Valuation Fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount
  • ~Product Fee - £999 for loans up to £500,000. For loans above £500,000, 0.3% of the loan amount
  • ^Cashback - £500 for remortgage applications
  • Early Repayment Charges - 5% until 28/02/2026, 4% until 28/02/2027, 3% until 29/02/2028, 2% until 28/02/2029, 1% until 28/02/2030
  • Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
  • Minimum Loan - £45,000 for purchase and remortgage
  • Cost for comparison - 7.3% APRC.

See full details for fee details, documents you'll need, and more.

Comparing two mortgage products

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Note that products are subject to additional terms and subject to change. See a product's full details to find out more.

Any questions?

If you have any questions and are unsure what mortgage product would be suitable for you, you can arrange an appointment or speak to a New Business Representative. You can get in touch in the following ways: 

Email us Call us on 03330 140140 Request a call back